CaliforniaCoin is Dead, so Why Did the Price Rise 900%?
CaliforniaCoin. CaliforniaCoin was a run-of-the-mill altcoin that hoped to capitalize on the media attention surrounding bitcoin investor Tim Draper's "Six Californias" plan. However, Draper failed to acquire enough signatures to get the proposal on the California ballot. CaliforniaCoin suffered a similar fate, and the developer eventually abandoned the project. A core group of investors tried to revive the project, but they have since gone silent as well. Nevertheless, the CaliforniaCoin price rose 900% during the past week-but why? Also read: Bitcoin Auction was won by venture capitalist....
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The Dead Coins project has been given new lease of life by BTC education portal 99Bitcoins. Bitcoin education portal 99Bitcoins is the newly appointed undertaker of the cryptocurrency industry. It’s taken over the Dead Coins project, which provides a burial ground for more than a thousand dead cryptocurrencies, and breathed new life into the project by ensuring the list is accurate and by removing joke burials for Bitcoin, Tron, Dogecoin and Tether.Deadcoins.com was started in 2017 to document the demise of the hundreds of altcoins that materialized off the back of the ICO boom that year.....
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