Little-known cryptocurrencies that didn’t exist only a few years ago are doubling in value every week and by more than 18,000 per cent in a year.
During the past year some cryptocurrencies, including one created as a protest, have multiplied in value by 186 times.
By comparison the Australian share market surged by a mere 47 per cent from its Covid low of March 2020 as Sydney house prices have risen by an annual pace of 10.4 per cent to new record highs.
BTC Markets chief executive Caroline Bowler said investors using her platform were increasingly viewing cryptocurrencies as a longer-term investment and ما هي عملة البيتكوين وكيف تتمكن من جمعها not just a get-rich-quick scheme.
‘More than half intend to hold it for over a year,’ she told Daily Mail Australia.
Little-known cryptocurrencies that didn’t exist only a few years ago are surging by as much as 137 per cent in just one week and by more than 18,000 per cent in a year
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