Coin98 (C98) establishes a new ATH – Market cap reaches $ one billion

On the morning of August 25, with good curiosity from the neighborhood, the value of Coin98 (C98) had a “breakout” and established a new all-time higher (ATH). Furthermore, the market place capitalization of this cryptocurrency has even exceeded $ one billion.

Coin98 (C98) establishes a new ATH – Market cap reaches $ one billion

C98 reaches new ATH – Market capitalization exceeds $ one billion

Coin98 (C98) developed a good deal of curiosity in the cryptocurrency neighborhood when it grew steadily in a quick time. Specifically, at dawn on August 25th, C98 had an remarkable “acceleration” phase and reached a new ATH at a value of $ five.88. As a outcome, the value of this token has grown by above 424% in much less than two weeks. At press time, C98 is trading about $ five.fifty five

In addition to the remarkable value development, Coin98 (C98) has also reached one more vital milestone. This is the market place capitalization of C98 reached a worth of $ one billion. After Axie Infinity (AXS), this is the 2nd venture in Vietnam with a token reaching $ one billion in market place capitalization.

C98 / USDT value chart on H1 frame on Binance (Source: Trading View)

What is Coin98’s (C98) bullish momentum?

With the achievement of Axie Infinity (AXS), the worldwide crypto neighborhood has had lots of new perspectives for blockchain tasks from Vietnam. Furthermore, Coin98 itself also has a item very well obtained by the global neighborhood, which is Coin98 Wallet. Therefore, it can be explained that the C98 token has developed a quite sturdy “fomo” in the previous.

This is most evident in the value of the C98 token. Specifically, the value of this cryptocurrency has improved by far more than eight,000% following one month of its launch on Binance Launchpad. The value of the C98 token when launched on Binance Launchpad is $ .075.

Another motive to describe the sharp rise in C98 rates is the launch of the Coin98 Exchange. Specifically, on August 14 Coin98 announced the launch of the decentralized Coin98 Exchange. From this level as well, the value of the C98 started to rise considerably.

To conclude

Currently, the heat of C98 in the crypto neighborhood is nevertheless quite good. At the exact same time, the rise of this cryptocurrency demonstrates no indicators of slowing. It can be explained that C98 also has good development probable in the long term. At the exact same time, obtaining C98 at this time when FOMO is as well major can come with a good deal of possibility. So, be quite mindful when creating investment selections!

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