8 kinds of air coins that you must be careful!

According to statistics, there are more than 80,000 blockchain projects worldwide, but only 8% of the projects are under maintenance and the average life expectancy is 1.22 years. Most of the others are rising fast and dead soon, and they lack uniform standards. In this environment, the crypto currency issued by many blockchain projects is actually an air coin. Today I’ll introduce 8 kinds of air coin.

1.GunCoin

GunCoin is a working cryptocurrency certificate based on the NeoScrypt algorithm. It focuses on the trade in firearms, originating from the love, appreciation, calculation and investment of weapons, guncoin aims to provide the firearms industry with fast, stable and safe ways to accept micro-transactions while protecting their customers' privacy and promoting the gun industry into the cryptocurrency era.

The price of coin gun to USD was originally quite steady since it’s release in 2014. But the Guncoin price to USD began to rise and soared to the historical high of $0.034703 on Jan 08, 2018, after when the price fluctuation was large on the decline.

The gun industry was originally a relatively sensitive industry and it was not accepted by many people. Therefore, its development is more difficult.

2.Cream

CREAM is based on the x11 chained hash algorithm, which is used for "proof of working" calculations and it can protect some cryptocurrency networks. Using these 11 different algorithms can also improve coin security and prevent brute force attacks.

The price of Cream to USD was originally quite volatile. The cream prices to USD hit the historical high of $0.136549 on Jan 08, 2018. And then the price fluctuation was large in decline.

3.CryptopiaFeeShare

CryptopiaFeeShares (cefs) is a cryptocurrency issued on January 9, 2018, with a total volume of 6,300 CEFS. Currently, the online trading platform is C-Cryptopia.

Since its release, the price of CryptopiaFeeShares (CEFS) to USD has fallen all the way, and it has remained steady with no sign of recovery.

4.Macro

Although Macro has now entered the major European trading markets and the Hong Kong trading market, Users can not only conduct financial transactions on digital currency trading platforms, but also provide a platform for Macrocoin enthusiasts, bringing about the development of the digital industry. However, for investors, making profit is the most important, but we can see from the macro chart, since its release, the macro price is also a plunge, and there is no trend of recovery.

5.TopCoin

TopCoin is a P2P cryptocurrency with revenue released on February 2, 2014. Using scrypt algorithm, 30 seconds per block, 1 million per block, halved every 2 days, a total of 11.52 billion, 4 transactions confirmed. You can make instant person-to-person payments anywhere in the world.

The price of top coin to USD was quite stable originally. Although in Dec 2017, the price started to fluctuate, and it reached the historical high at 0.013928 USD on Jan 10, 2018, after when it declined sharply. The investment risk is obviously very big, and, when it comes to instant payment, I think that any project can't compare with ripple right now. Any blockchain project related to payment is estimated to be beaten by ripple.

6.Stipend

stipend is a decentralized job search platform. Its token SPD is a fixed number of 19,340,594 currencies. It uses two algorithms: The C11 algorithm is used in job certification. This algorithm consists of 11 different sub-algorithms, which enhances the security of the hash; In the equity certificate, use Sha-256d.

Stipend is also a newly issued currency in 2018, and the price has been fluctuating since its release. Although the overall trend is rising, it is difficult to survive in this severe virtual currency market in 2018.

7.Masari

Masari (msr) is a scalable, hard-to-track, secure, and alternative crypto currency that uses the RingCT protocol. Masari is also a newly issued currency in April 2018. Since its release, prices have also been falling all the way. Obviously, there are too many uncertainties in this new currency and investment risks are difficult to estimate.

8.PiplCoin

PiplCoin (pipl) is a unique cryptocurrency designed for use as a cryptographic medium of exchange to ensure the security of transactions and control the creation of additional currency units. PiplCoin's mission is to provide a high level of mobility for the blockchain-based project PiplShare.

PiplShare is an economic system similar to a professional board in which each user's profile is unique and employers can use it to explore their potential. PiplCoin's vision is good, but the price of PiplCoin to USD has fluctuate since its release, and since May, there has been a sudden drop.

In fact, in addition to the above 8 kinds of air coins, there are still many other air coins in the currency circle. When they were was first released, the momentum was very fierce and easily attracted the attention of investors, but they quickly disappeared like a bubble. When investing, this kind of crypto currency has the greatest potential risk and needs to be careful!