Bitcoin and Ethereum are known and famous for their massive rise in value in the last few years, yielding astounding profits for a large number of consistent holders. However, some lesser-known coins are also experiencing an explosion in value these days, the most extreme case being CacheCoin (CASH).
Let's look at the graph below; less than a week ago, Cachecoin (CASH) was truly a miniscule player in cryptoland; the total market capitalization was less than the value of an average new car and the price was almost immeasurably low. But yesterday, the market cap peaked at around $520.000 and the price rose to roughly $0,12 / 0,00003 BTC. That's still tiny but we're talking about an increase of 1984% in a mere six days ... ! For instance, a person who would have bought $500 worth of Cachecoin on the 6th of August, could have cashed out $15000 yesterday ... !
Now, this is ofcourse an ideal scenario in an extreme case, but it shows the possibilities of surprisingly large profits for everyone involved in the cryptomarket are still there.
Awesome... following and re-steeming
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Thanks for the information. Very interesting.
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