Impact of Corona on Global Cryptocurrency Market

 Corona, This single word has been threatening the whole world. Countries all over the world are taking top-notch preventive measures to protect themselves from this killer virus

What is Corona Coin?

Corona Coin is the kind of token build on the Ethereum platform. This token is designed in the way, as the virus spread increases, the value of the token increases simultaneously.

It is the world’s first blockchain that tracks the spread of the coronavirus and this lets the world know the real statistics regarding this virus. The ultimate goal of this Blockchain is to create awareness about this virus.

Coronavirus is Not a Permanent Disaster To the Cryptocurrency Market

In the initial stage, crypto industry also suffered a lot and gone through many ups and downs but now, we could say that the Crypto Industry was the one and only industries which raised vigorously in the COVID — 19 crises. Very recently the price of the bitcoin hits the best ever historical price of 50 K USD.

If you check back the history of bitcoin, and the cryptocurrency industry you may have witnessed the industry has crossed over a lot of hurdles. Here are some reasons that have been a bottleneck to the growing industry.

Source: Bitdeal

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