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SRVC Update as at Friday, 10 Sep 2021
SRVC price as of Friday, 10 Sep 21, is $0.0094, rising from the opening price at $0.0088. With the highest of the week at $0.01.
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What Is An Initial Coin Offering (ICO)?
According to Investopedia, “An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO). A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds.” This way, investors who are interested in the project can buy into the…
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Ethereum, Ether And ETH
Ethereum is the most popular cryptocurrency in the world after Bitcoin. However, it is not only digital money, but the entire computing system that allows you to create and run other programs (smart contracts) in the blockchain system. Thanks to this, we have many tokens and coins on the market that were created to finance…
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Burning Tokens: How And Why Is It Done?
The law of supply and demand assumes that when a service or commodity is scarce, its value begins to rise. In the world of cryptocurrencies, this principle underpins the burning of tokens. Many crypto projects are undertaking token-burning programs. Some do it regularly, while others do it once. The practice of combustion is quite common…
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What Is The Current Altcoin Situation?
The term “altcoin” refers to any cryptocurrency that has launched since Bitcoin (BTC). In the early stages of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from their parent with different privacy features and supply. These include Litecoin (LTC) and Zcash (ZEC), among others.…
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