yes it's dropped in market cap but when you look at details you can see that it's less tokens in circulation!
it was more than 7 millions BCC in circulation yesterday, today it's a little more than 2 millions! can someone explain that?
A simple answer is an adjustment in the circulated supply, but actually, I don't care what position bitconnect are on coinmarketcap as long as the value keeps increasing.it was more than 7 millions BCC in circulation yesterday, today it's a little more than 2 millions! can someone explain that?
This is the circulating supply (8,402,106) not sure what's up with coinmarketcap:
Also, 98.56% of the trade volume is done on their own exchange which is a huge red flag. They can manipulate the price and the volume trivially easily and nobody would be the wiser. No crypto should be taken even semi seriously with such a degree of centralization and lack of transparency.
This project stinks from every angle and it's begging for crippling regulations.