Re: [ANN] [FUTEREUM (FUTR)] [Ethereum Blockchain Derivatives Contract]
In regards to this PR: https://www.pr.com/press-release/740650
I read the following: "The launch of FUTR by the Futereum Foundation pushed the Ethereum price over the $1000-point for the first time in history."
How do you explain that this announcement is what drove ETH price from about 900 USD to 100+ USD?
Looking at the Futereum ERC20 token page, there isn't much there to support such a claim: https://etherscan.io/token/0xc83355ef25a104938275b46cffd94bf9917d0691
Thanks for this. It's a very valid question. We have to ask the PR firm that drew this up to see what their thoughts are on it. We will follow up on it. But not really sure whether a claim like this can ever be substantiated or not really (which is a major problem with PR! But that is a different discussion ... I read the following: "The launch of FUTR by the Futereum Foundation pushed the Ethereum price over the $1000-point for the first time in history."
How do you explain that this announcement is what drove ETH price from about 900 USD to 100+ USD?
Looking at the Futereum ERC20 token page, there isn't much there to support such a claim: https://etherscan.io/token/0xc83355ef25a104938275b46cffd94bf9917d0691
) In their defense, it IS a bit of a coincidence as there was no other news that day to make this critical push in the ETH price.Well, it is my understanding that those PR are actually published at the request of the company itself, i.e. the Futereum Foundation. I also see James Hurst as the main contact for this PR.