The selfKey (Key) token has been pumped to 118% on the largest cryptocurrency exchange Binance in just 30 minutes.
Why SelfKey Price Pumped?
There is no big update or news came about the Selfkey project but price pumped heavily on the binance exchange which was totally manipulation of whales. The rapid pump dump results in a loss of many investors who enters into the pump lately due to hype and panic situation mostly called as Fear Of Missing Out (FOMO) and get out of the pump by panic selling by taking big losses.
What is SelfKey?
Basically, SelfKey is a fast-growing blockchain startup developing digital identity solutions. We empower individuals and corporations to take back ownership of their identity data. This will create a safer world where our personal data and privacy are protected.
According to the current data on Coinmarketcap, Selfkey (KEY) is a cryptocurrency token and operates on the Ethereum platform. Selfkey has a current supply of 5,999,999,954 KEY with 2,868,973,735 KEY in circulation. The last known price of Selfkey is $0.002032 USD and is up 41.67% over the last 24 hours. It is currently trading on 17 active market(s) with $13,784,073 USD traded over the last 24 hours. More information can be found at https://selfkey.org/.
The Selfkey team shows their reaction to the price pump by the following tweet:
How is everyone doing?! 🌚👀 $key pic.twitter.com/rNyrYKi8CW
— SelfKey (@SelfKey) November 7, 2019
Previously, Stellar Development Foundation (SDF) just announced that it successfully burns the 55 billion coins of XLM that is approximately equivalent to half of its supply,