Bytecoin
What happens to Bytecoin? What is the reason for the rapid rise and fall?
With the entry into Bytecoin Binance stock market, it gained a very high momentum and increased its value to two or three times within hours. Following this rapid upturn, the announcements made afterwards stopped Bytecoin's departure in the shadows.
Investors were experiencing severe panic after the trading on the stock exchange broke down, and shortly thereafter, the swiftness of the lotteries began with the resumption of trading. Suddenly the rise of Ani was lost due to systemic problems and Bytecoin quickly depreciated after the sudden withdrawal of investors and entered the stock market. Investors are said to have suffered serious losses.
The reason for this glitch is that the bytecoin system is outdated and the transaction volume made in the Binance market is not being removed.
In the statement made from the platform, panicking of the investors did not affect the result very much after a short while, when everything was going to improve. A similar statement was made by the Binance Stock Exchange in the middle of the day. This morning (16.05.2018) Bytecoinen, who is seeing in the Binance stock market, continues its upward trend.
Merhaba @windofrebel,
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