When will the price of Blackcoin rise? (Risks of Blackcoin trading)
When will the price of Blackcoin rise? According to CoinMarketCap data, the mark
When will the price of Blackcoin rise? According to CoinMarketCap data, the market capitalization of Bitcoin surpassed 6 trillion dollars in January 2019. Since the beginning of 2017, the total valuation of cryptocurrencies has risen to nearly 20 trillion dollars. As of 2020, the price of Bitcoin has dropped by over 50%. The first quarter of 2018 saw a growth of over 80%. At the same time, the price of Blackcoin (BTC) has also experienced significant growth recently.
According to CryptoCompare data, the total value of Bitcoin has increased by around 20% in the past month. Currently, there are six different currencies marked: LTC, XRP, and EOS, with Litecoin (LTC) being the most popular. The top three rankings are BTC (2011), ETH (2014), EOS (2015), BNB (12%), and XLM (10%).
Based on historical performance, Bitcoin has performed better than other altcoins in the first three quarters of 2019. Although their returns are much higher than other altcoins, they have been in a loss state. According to CoinMarketCap data, the cryptocurrency trading market in 2017 generated an average annual return on investment of approximately 10 to 13 billion dollars.
Risks of Blackcoin trading
According to data monitored by third-party big data rating agency, RatingToken, the number of coins washed through TornadoCash by hackers reached 100 million in the past week. The top-ranked address has made a profit of approximately 10 million dollars (worth over 1 million dollars), while the second address has been stolen over 30 million dollars.
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