Ethereum

Reserve

Read

Global Currency Reserve (GCR) just made its way to the top 100 cryptocurrencies with its significant surge over the past two months. However, data shows that a few accounts hold GCR. 
According to data <a href="https://coinmarketcap.com/currencies/global-currency-reserve/" target="_blank" rel="noopener">provided</a> by CoinMarketCap (CMC), the GCR price has grown by 1,075,939% since mid-May. The asset was developed in 2015, per the data, with a small surge in 2018, and has been wandering in the red zone for around four years. 
 You might also like: <a href="https://crypto.news/miners-hop-on-exchanges-as-bitcoin-price-hikes/"> Miners hop on exchanges as bitcoin price hikes </a> 
GCR’s price rose by 42% in the past 24 hours, trading at $3.1 at the time of writing. Thanks to the 135% surge in its 24-hour trading volume shown on CMC, GCR made its way into the top crypto assets, currently ranking 97 on the crypto price aggregator. 
<figure class="wp-block-image size-full">
 <img decoding="async" width="1173" height="533" src="https://crypto.news/app/uploads/2023/07/GCR-price-July-4.png" alt="GCR gains 40%, making its way to top 100 with scam numbers - 1" class="wp-image-14175839">
 <figcaption class="wp-element-caption">
 GCR price – July 4 | Source: CoinMarketCap
 </figcaption>
</figure> 
Moreover, GCR recorded a new all-time high (ATH) of $11.08 on July 3, 2023. Its market capitalization currently stands at $331.1 million, per CMC data. 
On the other hand, on-chain data shows that GCR is held by only four wallets on <a href="https://etherscan.io/token/0x24B4440c60B512eadd0D093367A46dbbE2f6540E" target="_blank" rel="noopener">Ethereum</a> and 10,162 addresses on <a href="https://bscscan.com/token/0x24b4440c60b512eadd0d093367a46dbbe2f6540e" target="_blank" rel="noopener">BSC</a>. Some CMC’s community chat users complain they can’t sell their GCR tokens. 
<figure class="wp-block-image size-full">
 <img decoding="async" loading="lazy" width="498" height="650" src="https://crypto.news/app/uploads/2023/07/GCR-token-comments-July-4.png" alt="GCR gains 40%, making its way to top 100 with scam numbers - 2" class="wp-image-14175845">
 <figcaption class="wp-element-caption">
 GCR community comments – July 4 | Source: CoinMarketCap
 </figcaption>
</figure> 
On-chain data also shows that the surge in GCR’s trading volume on CMC might be fraudulent since data provided by BSCscan and Etherscan shows that only $1,523 worth of the asset has been traded in the past 24 hours. 
Moreover, a CMC user claims that he can’t sell his GCR holdings while someone is dumping with the recent price surge, showing signs of a <a href="https://crypto.news/american-film-star-faces-50000-crypto-scam-charges/">scam</a> token. 
 Read more: <a href="https://crypto.news/racy-beeple-sbf-artwork-becomes-his-first-to-enter-museum-permanent-collection/"> Racy Beeple SBF artwork becomes his first to enter museum permanent collection </a>

GCR gains 40%, making its way to top 100 with scam numbers

crypto.news

2023년 7월 4일에 게재된 다른 기사

Polkadot (DOT) Sets Stage for Mega Run, Here's Why

MATIC Breaks Above $0.7 Mark After Long-Term Retracement

Thailand Bans Crypto Exchanges from Offering Lending Services

Gemini Co-Founder Criticizes SEC for Blocking Bitcoin ETF Licenses

Your crypto transactions exceeded $20k in a year? You may be on IRS's radar

Bitcoin Holds Strong at $30,626 as Traders Look to the Future

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!