What is TATA Coin? Should you invest in this cryptocurrency?
The cryptocurrency, which is listed on the Binance Smart Chain (BSC), has seen a jump of over 1200 per cent in value recently.
special things
TATA Coin is completely decentralized
It will never supply more than 90 lakh coins
This protocol also makes it different from precious metals like gold.
In the world of cryptocurrency, Tata Coin is discussed these days. Listed on the Binance Smart Chain (BSC), the value of this cryptocurrency recently jumped over 1200 per cent. It was at $0.008 on March 5 and rose to $0.24 on March 6. TATA Coin is currently trading at $0.09. Its market capitalization is $718,300, which is a big deal for an unknown coin. Many people are thinking of investing in TATA Coin, but before that you should know everything about it.
There are also plans to create a decentralized swap and exchange in the future. There is also a question that how does the community control this coin. Usually those users give direction to the currency, which has the most coins. For this reason, it is the developers who keep the most coins with them. But in the case of Tata Coin, the developers do not have any coins. They have no control over this digital currency. Tata Coin has 100% public liquidity.
So should you invest
According to cnbctv18, it is impossible to predict the value of a coin. Last year too many coins came into the limelight. His investors benefited greatly. But that was only for a short time and the prices went back to normal. The volatility in cryptocurrencies is very high. For now TATA Coin looks like a good investment, but it can change in a few hours. This coin is very small in the world of cryptocurrency. It is currently ranked at number 2,953 on CoinMarketCap. Therefore, before investing.
