Librexcoin Massive Decline - 35% Gone in One Day, Panic?
Librexcoin has been one of the most traded altcoins today, and it's not because its surging upwards. It has declined with more than 35% losing almost 200 000 USD in market capitalization in a couple of hours. We have earlier written about Librexcoin, which is a cryptocurrency based on the X11 algorithm (pros & cons here) that will have around 10 million coins in circulation from PoW mining, and then 2% yearly stake interest. Why has Librexcoin Lost Value? As you can see from the graph below, taken from Bittrex, there has been two big sell orders that made the price drop almost 40%. The....
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