WebApr 13, 2024 · Bitconnect was a cryptocurrency lending and exchange platform that promised high returns to investors. However, in January 2024, the platform shut down after being accused of being a Ponzi scheme. This led to the price of Bitconnect tokens dropping from over $400 to almost zero in just a few days, causing significant losses for investors. WebJan 17, 2024 · BitConnect is marketed as being a means of empowering financial freedom from government-controlled banks and fiat currencies. The maximum number of BCC coins that will ever be released stands at 28 million. The main attraction for holders of … Total Market Cap: M. Cap: $ 1.06T (-1.2%) BTC Dominance: BTC Dom: 41.61% … CoinCodex delivers latest BitConnect (BCC) news, analysis, and information to the … Learn how to get started with BitConnect (BCC). Read our guides, tutorials and … Historical data for BitConnect (BCC). Export open, high, low, close and more data for …
What Happened To BitConnect? Here’s Why It Shut Down
WebDec 13, 2024 · BitConnect is a fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion. The platform turned out to be a Ponzi scheme and couldn’t pay back its investors. As a result, BitConnect was eventually shut down in … WebBitConnect is not supported by Coinbase. Price $NaN Keep an eye on BitConnect Get instant alerts for major price changes. Add to watchlist Market Market stats Market cap Not enough data Volume (24h) Not enough data Circulating supply Not enough data All time high Not enough data Price change (1h) 0% Price change (24h) 0% incarnation\u0027s p6
BitConnect market cap dropped from 2 billion to 600 million
WebAt its height, BitConnect’s market cap was $2.5 billion, with estimates varying as to how much its founders gained when it shut down soon afterwards. ... (BTC), the scheme hooked millions of investors and built up a market cap which topped $2.5 billion in late 2024. In reality, BitConnect’s unique selling point did not exist, as under the ... WebFeb 25, 2024 · BitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion. According to court documents, … WebAt its height, BitConnect’s market cap was $2.5 billion, with estimates varying as to how much its founders gained when it shut down soon afterwards. Who Are the Founders of the BitConnect Ponzi Scheme? As with all ponzi schemes, the true identities of the founders of BitConnect and the developers of BCC remain shrouded in mystery. incarnation\u0027s pf