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The market for cryptocurrencies has roughly quadrupled from its 2020 year-end value [File: Paul Yeung/Bloomberg]

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Karony likens SafeMoon’s holder payments to the beginnings of businesses like Amazon.com Inc., where “earlier investors receive higher returns and growth because the initial risk they took was higher than those who joined later.”

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One finding based on the CivicScience study showed that around 11% said they or someone they know have resigned from their jobs due to crypto trading.

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    The surge in Bitcoin’s value in recent weeks follows the much anticipated first Bitcoin ETF debuting on the New York Stock Exchange, and a record-breaking October for the stock market in general.

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    Professor Prasad said buyers need to be aware when buying cryptocurrencies as there is almost no regulatory oversight.

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    [SPONSORED] Pixlr announces Pixlr Genesis, a NFT-based movement to build the world’s largest decentralized art museum on the metaverse

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    Elon Musk changes his Twitter name to 'Lorde Edge' - and some users see it as a nod to dogecoin
    Take a deep dive into the Shiba Inu white paper for its ultimate goal. It is a part of a very robust token ecosystem. But there’s nothing to be done with these tokens. You can farm them, you can stake them, you can vote with them. However, there’s no end goal but to gain value.

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    It’s always hard to know exactly what is driving crypto prices given the opacity of the market and a certain rather large player whose name rhymes with weather, but we think it’s probably partly related to the same market madness that drove GameStop to da moon, as well as to a desire for an alternative to central bank-issued money due to worries about the government overreach (by means of Covid restrictions), and also endorsements from chief executives at the likes of PayPal, Tesla and Twitter/Square.

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    Find out more about how we can help your cryptocurrency trading, allowing you to take advantage without needing to own a wallet.

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EverGrow Coin: The Next New Cryptocurrency to explode in 2021 which rewards holders in Stable USDT Yield

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