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    This Crypto-Asset Crashed 99% in Less Than 2 Weeks

    After promising to only “increase in value faster than anything else in history.”

    • Roger Ver gets HEXed? Nah! He just sees a fellow
    • The listing has the HEX price taking a nosedive
    • Over 40k ETH, worth about $5.7 million has been sent to the HEX contract address

    HEX has managed to bag a crypto exchange listing. And it is no other than Bitcoin “Jesus” and Bitcoin Cash (BCH) proponent Roger Ver’s Bitcoin.com.

    The exchange took to Twitter to share the news stating,

    Trading for HEX started on the exchange on Dec. 13th.

    While people have been calling out Ver for this listing and promoting an alleged scam project, he commented,

    “I’m not aware of that. I’ve heard that BCH is a scam too, but no one ever showed me how that is true. If someone can show how HEX is an actual scam, I would gladly delist it.”

    Well, there’s that.

    In the past 24-hours, HEX market has traded an equivalent of about 0.81 BTC while the price of HEX dropped by 57% and 64% against ETH and BCH respectively on Bitcoin.com.

    This, however, isn’t anything new for an ERC20 token which is “designed to increase in value faster than anything else in history.”

    HEX lost more than 99% of its value in less than two weeks.

    HEX’s Twitter post reads,

    Apart from Bitcoin.com, Bidesk.com, Etherdelta, and Forkdelta, today it has been also added on Uniswap.

    The new project in the cryptocurrency space describes itself as the “first high interest blockchain certificate of deposit.” If you got Bitcoin, you can claim free HEX by staking your BTC or by sending your Ethereum wallet in exchange for HEX. And you won’t be getting these ETH back.

    More than 40k ETH, worth about $5.7 million has been already sent to the HEX contract address.

    Ethereum (ETH) Live Price

    1 ETH/USD =$141.1449 change ~ -3.42%

    Coin Market Cap

    $15.58 Billion

    24 Hour Volume

    $2.71 Billion

    24 Hour VWAP

    $142

    24 Hour Change

    $-4.8299

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    AnTy
    AnTy
    AnTy has been involved in the crypto space full-time for over a year now. Before his blockchain beginnings, he worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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