Is Clucoin Scam {May} Read About The New Digital Token!>> This post give detail of a digital currency launched recently and has reached a decent valuation within a week.
A cryptocurrency Clucoin launched on 19th may 2021 was having a fully diluted market cap of 136 million dollars on 20th May, and its current market cap is 200 million dollars. This rise in the valuation of the new token has made experts in the United States suspicious about this coin.
Is Clucoin Scam or expert are unnecessarily suspecting a potential coin with a noble cause is topic of discussion of this post. In general, crypto coins are risky ventures, and people can lose money in no time.
It is a token coin launched on 19th may 2021 by DNP three as given on Twitter, who claims to be a software engineer and has a keen interest in online gaming. The community backing it has the noble purpose of doing charity work for needy and poor people.
Is Clucoin Scam the question discussed on social media platforms due to its overnight price rise? Investors and experts are suspecting it to be another scam coin with the sole purpose of making the developer rich.
Its current price is .0000000211 dollars and is down by 18% on the previous close. It has a market rank of 2647, according to coinmarketcap.com. Its trading volume is down by 80%, a sign of profit booking by the retail investor.
As market regulation for digital currency is almost negligible, scammers want to cheat genuine investors of their money. In the past, many scam coin has flooded the market to make their developer rich and after that dumping the coin.
Clucoin is designed in such a way that it promises to reward the holder while taxing the investor who wants to sell the currency. This approach of the coin is known as multi-level marketing, and one investing earlier will gain, which will also push the price of currency up due to a fall in selling.
Any cryptocurrency can be a scam, but we should consider certain things before concluding:
Is Clucoin Scam or legit is not an easy question to answer, but its certain features have raised the eyebrows of experts and opinion-makers in the United States. New investors should remain away from this coin, while regular investors should research this currency before committing their money.
If you are a crypto investor, please share your views on Clucoin in the comment section and give your opinion about this post below.
Also Read : – Fortzar .com Scam (May 2021) Read The Full Insight!
Embarking on a move to Portugal? This article provides direct insight into moving to Portugal,…
In recent years, Delta-9 THC gummies have taken the cannabis market by storm, captivating consumers…
If you're considering replacing your exhaust system and doing it yourself, you might be wondering…
Florida's journey with medical cannabis has been both pioneering and challenging. With the legalization of…
In the ever-evolving world of mobile technology, the debate between traditional mobile plans and SIM-only…
Details About Patrick Ryan Football Player Patrick Ryan Twitter Video Leaked, Patrick Ryan is a…