This is a follow-up to my post about Nimiq (NET) about half an hour ago.
Several Market Cap services are quoting Nimiq at appx. $1500.00USD/NET.
Please DO NOT make any trades or take any action with your money based on this information.
Nimiq is trading on HitBTC, for around .005ETH/NET (about $1.)
I don't know what's going on, and I'm definitely not claiming to. If you do have any information, I'd love to see it in the comments: I'm super curious. I certainly hope this was just a fluke in the algorithms used by the aforementioned Market Cap services. Perhaps a single EXTREME outlier trade for Nimiq went through. Who knows. I currently have no reason to believe anyone has acted maliciously or deliberately tried to spread misinforming prices. It's been a rough week for all of our portfolios, CoinDash got hacked this morning, and at this point I'd hate to see anyone lose any money they don't have to. We're all in this together, I figure.
I'm sure we'll read about whatever happened here on CoinDesk tomorrow and scratch our heads.
It's a funny space, Crypto, but it's ours <3
-Jojo
23:30EST - UPDATE: Price corrected on CMC, still quoted at above $1400 elsewhere.