Recession Hits Cryptocurrencies.. A Submerged Coin Is Rising 120000% Now By Investing.com

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Investing.com – While a stagnation grips the cryptocurrency market during those moments of trading on Sunday, as majors such as Bitcoin and Ethereum suffer…

That digital currency exploded during those moments of transactions to record heights of more than 60000%.. along with the struggle of Bitcoin and the adults of .

It is noteworthy that the cryptocurrency market, specifically those new currencies, is also launching at full speed and declining at full speed as well, as it is a highly volatile and high-risk market.

So, be extremely careful when dealing with cryptocurrencies that can make you rich overnight, and may take your money in moments…

(LibreFreelencer (LIBREF

The Liberf currency rose by more than 60975.28% during those moments of Sunday’s trading, reaching 0.04464 levels, to succeed in getting rid of 3 zeros at once.

The Liberf currency was trading during trading yesterday, Saturday, between levels of $0.0003773 as a bottom and levels of $0.04464 as a top, with a difference of 120000% within 24 hours.

The Liberf currency rises by more than 50,000% within a week, while it has risen by 45,000% within thirty days and by 41,000% since the beginning of the year.

What is LIBREF?

CoinMarketCap’s current rating for that coin is 4071, with no direct market cap available, and while circulating supply is unavailable, the coin’s supply limit is 399,000,000.

According to CoinMarketCap data, LibreFreelencer (LIBREF) is a cryptocurrency launched in 2020 that runs on the .

LibreFreelencer has a current bid of 0. The last known price of LibreFreelencer is $0.02211581 and is up 57,939.59 in the last 24 hours.

It is currently trading in 3 active markets with 161,778.20 USD traded in the last 24 hours.

More information can be found at this link

market now

During those moments, it traded with a slight increase of no more than 1%, reaching levels above 43,000 dollars, with a market value of about 817 billion dollars.

While Ethereum is trading near the levels of $3.317 thousand, while its market value is about $396 billion, rising by 7% within a week.

With a rise of less than 1% comes Binance Coin, which is trading at levels of 495 dollars, while its market value is about 83 billion dollars, and it rises by 15% within a week.

While it rises by 3% to reach levels of $149, while it rises by 8% to reach levels of $1.36.

Fear and greed

More than one expert in the cryptocurrency market believes that it is a good time to buy lower cryptocurrencies, which have reached their lowest levels in nearly 3 months.

According to the data of the Fear and Greed Index, the market is still at levels of intense fear, as the index recorded a reading of 21 points.

However, optimists say that there is a tangible improvement, especially after the index rose from its lowest level in 6 months, after it fell to the 10-point levels.

deliberation is a virtue

It is reported that in recent days, with the spread of the phenomenon of meme coins and dog coins, such as Dogecoin, which have found support from business and financial magnates such as Elon Musk.

Some submerged currencies began to reappear, while others took off amid the media revolution, taking advantage of the so-called global trends.

However, some of these currencies involve blatant fraud and a major hoax that may destroy the fortunes of those looking for a foothold in the dreamland where they catch up with a currency from its inception, perhaps the new Bitcoin.

The article does not express a recommendation or nomination, but rather a mere monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.