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Altcoin

CoronaCoin: More Deaths – Bigger Value

CoronaCoin

Its supply will decline every two days based on the number of new cases, according to its website. This suggests that its price may rise as more people die from the virus. 

The World Health Organization raising its warning of global spread and impact to “very high”. Recent WHO figures show that more than 82,000 people have been infected, with more than 2,700 deaths in China and 57 deaths in 46 other countries.

Rapid spreading

Which appeared in China in December, has triggered fierce sales on global markets, with the three major US stock indices reporting their worst week since the 2008 financial crisis. Coins will be burned once every 48 hours based on the number of infected and dead, according to the sinister cryptocurrency website.

The CoronaCoin token can be bought and sold on some online exchanges

Such as SaturnNetwork. About 20% of the token supply will be distributed to the Red Cross on a monthly basis.

Controversial token

Some users in Reddit have criticized the token. But while there is “CoronaCoin” we got pandemic bonds issued by the WHO (World Health Organization). How is this token different?