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A newcomer in the market soars by 9000% within a day as altcoins begin rallying

Bitcoin

Alpha Token is ranked at #57 in the market. The trading volume recorded stands at approximately $0.007 million, and the supply has 28,172,657 A tokens in play as of this instant. The total market cap of Alpha Token amounts to $94.94 million. The price climbed by roughly 9579% in the course of the past 24-hours; this brought $A from $0.0318 all the way to $3.37 where it presently holds.

The Alpha Marketplace is a decentralized platform linked to the Ethereum network. It lets users set a bounty so as to hold it against accounting, auditing, and various other financial solutions.

Is this pump genuine? Only time will tell, considering the fact that the boost rate is incredibly high. If this project sinks fast within the next few days as sellers catch-on, doubts may be leveled at this altcoin which was able to land amongst the top #100 ventures in a day.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.