Is Telcoin (TEL) a Better Buy Now After Crypto Buzz
The rise of Bitcoin and Ethereum may have made the headlines over the past days, but there is one cryptocurrency that has emerged as a dark horse of sorts in recent days. The cryptocurrency in question is Telcoin which recently managed to push its way into the top 100 cryptocurrencies by market cap after having recorded considerable gains in 9 out of the past 10 days.
Over the course of the past two days alone, it managed to record gains of as much as 300%.
In light of such gains, it could be a good idea for investors to start taking a closer look at Telcoin. The cryptocurrency is regarded as the Western Union or MoneyGram of the world of blockchain and that is something that might result in enhancing its importance.
It seeks to help with mobile transactions and peer-to-peer transfers and considering the sheer number of mobile phones in existence, it makes for a compelling cryptocurrency.