A look at Bitcoin and other major cryptocurrencies today
Good day and welcome to our short update on the performance of major cryptocurrencies on August 2, 2018.
As it stands, the crypto giant, Bitcoin, continues going down the hill the 3rd day in succession.Within the spell of 24 hours, Bitcoin dropped by 4.22%, and is currently trading at 7,602.44 dollars. This translates into a loss of $160 in a day.
With regard to other crypto players on the market, the day has also witnessed the downward trend. For instance, Ethereum went down by 2.26%, and is trading at 425.75 dollars, whereas Litecoin lost 0.81% to stand at 78.06 dollars.
On the other hand, Ripple has shown a slight growth, gaining 3.19 %, and is thus trading for 0.449440 dollars.
Despite Bitcoin’s going off the boil based on the current state of affairs, a number of experts hold on to the prognosis of its 25% rise by the end of August this year.
MacCoin: cryptocurrency from McDonalds
With an enormous cryptocurrency boom around the world, when most successful businesses are looking into getting their own share of blockchain technology, the gigantic fast food producer McDonalds has eagerly jumped onto the crypto bandwagon.
In celebration of the 50th anniversary of its most renowned Big Mac burger, McDonalds has come up with its personal cryptocurrency, MacCoin. That said, burger buffs around the globe have an opportunity to get their hands on a limited edition of the newly concocted coins from McDonalds.
We bet you’re wondering what the worth of 1 MacCoin is, aren’t you?
Back in the day, in the late 60s, McDonald’s two-patty burger took fast food eaters by storm. Since then, Big Mac has been the heartbeat of all McDonald’s restaurants across the globe . Therefore, it’s no wonder that the well-known burger was chosen to be the backer of the fast food crypto.
With that being said, from August 2, McDonald’s lovers will be granted a MacCoin upon the purchase of a Big Mac in over 14,000 McDonald’s restaurants around the USA. In addition, over 50 other countries will also be involved in the MacCoin speculation.
Starting from August 3, it will be possible to exchange a MacCoin for a legendary burger. The offer is said to run up till the end of 2018.
The 5 exquisite designs of MacCoins embody 5 decades of the burger’s existence. To elaborate on this, the 1970s design manifests the era of flower power; the1980s refer to the pop art movement; the1990s design features the allusion to abstract patterns; the 2000s mark the technological advancement, and the 2010s showcase the communication revolution.
That’s it for now!
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