The emergence of the ABBC Coin cryptocurrency. Fear or Invest?

2019-12-27 00:00:00:

Cryptocurrency ABBC Coin is a platform that operates on the basis of modern distributed ledger technology. Due to this, it becomes absolutely open and as transparent as possible for each of the project participants. The company has built a system as a security system for protected funds, which is significantly improved through secret innovative solutions.

About ABBC Coin project

The ABBC project itself was created as a startup. The headquarters is located in New York. The network launch of this project began in 2018. Already in the first month of its existence, the company had 50 million tokens distributed. All participants received 100 AVS. In addition, for each attracted referral, there was an opportunity to receive 20 tokens. At the launch of the network, an electronic wallet was also released. Soon, the developers implemented the wallet protection function using the face scanning method. This was followed by the launch of mining and blockchain upgrade. At the final stage, the developers launched their own online platform and service for making internal payments using ABBC. At the beginning of 2019, users could familiarize themselves with the release of the payment system.

ABBC has managed to attract a fairly high interest of the public. The coins were originally named AlibabaCoin. However, this affected the interests of the marketplace of the same name Alibaba. Since ICOs are prohibited at the legislative level in China, the similarity in trademarks undermined the reputation of the latter. Following a series of lawsuits, ABBC announced to the public that the Alibaba name would be phased out in the future, despite winning the court. After that, as soon as possible, the coins were renamed ABBC Coin. Although the companys management decided to give in to the demands of the Chinese trading giant, lengthy litigation and the final court win were not in vain. This became the best advertisement for this cryptocurrency, after which investor interest began to grow.

ABBC Coin features

The infrastructure of the project has an impressive database and is highly developed. The payment system is absolutely reliable due to the use of modern security methods. Absolutely no matter where the users are, nothing will prevent them from exchanging money in the shortest possible time. Transactions are made quickly, almost instantly. Developers are trying to create services that can most freely integrate into the trading space of the network. Thanks to this, users have the opportunity to interact with each other absolutely safely. The use of the Internet provides an opportunity for both companies and ordinary users to conclude financial transactions remotely. For this company, this is the initial mission, since due to the lack of free access to international markets for many users, it is the Internet that can be an excellent way out of this situation.

This platform provides the opportunity to make purchases using electronic wallets, as well as exchange tokens. Electronic wallets are completely free to use and maximally convenient to use. Participants are given the opportunity to use them not only on computers, but also on mobile gadgets, since there is a version for Android. It also provides a function that assumes the secure storage of several types of altcoins. Each transaction must be confirmed by entering an individual pin code. In order to create content, users can use a wide variety of tools. The transactions made are completely safe, because the wallet can recognize biometric data. Users are encouraged to connect to online stores with a payment function.

The network of this company implies providing the opportunity to participate as a trader or financial broker. Such roles for users provide high liquidity. To expand participation in the network, ABBC developers implemented special training courses that were designed for traders and brokers.

How is ABBC Coin created?

ABBC Coin was able to build a platform where secured funds were used as a security system. Numerous improvements introduced. Due to the implementation of special modern solutions in the blockchain algorithm, the currency is compatible with many other modern technologies, such as hashing and face recognition.

There is an opportunity to buy ABBC Coin on several exchanges, including Bit-Z, OOOBTC, CoinBene, DragonEx. It should be noted that the above exchanges are characterized by low liquidity indicators, therefore it is extremely risky to cooperate with them. The fund announced a decision that in the very near future the crypt will appear on 13 new exchanges. However, to date, there is no exact data as to what exactly these exchanges will be. Therefore, you can buy ABBC Coin only on the above. At the same time, representatives of the company focused on the fact that they expect a sharp increase in trading volumes on exchanges respected in the cryptocurrency world. Trading is carried out exclusively in tandem with BTC. New blocks and coins in this system appear thanks to mining. However, mining of this cryptocurrency is not popular with miners today.

Is ABBC Coin Infinite?

The platform was based on the Alchabacoin blockchain using special hashing technologies and the X13 algorithm. It should be noted that the reliability of the presented algorithm is rather high. Today it is believed that it is theoretically impossible to hack due to the use of thirteen hashing circles. Moreover, each of them has different functions. As a result, it can be argued that ABBC Coin is included in the list of the most secure cryptocurrencies in the world. The issue of tokens up to 1.5 billion is envisaged.

Strengths of ABBC Coin

Although the crypto project in question was launched relatively recently, after six months the ABBC Coin cryptocurrency was able to rank 47th in terms of capitalization, which indicates good prospects for further development. This is quite a rare occurrence for such a young project. The value of ABBC Coin continues to increase, there are quite rapid leaps. At the same time, when analyzing exchange rate dynamics, it can be seen that ABBC Coin prices grow much faster than such popular cryptocurrencies as Bitcoin and Ethereum. This fact, in turn, confirms that more promising currencies can develop rapidly, and the profit from them can be no less than from those whose reliability has been tested by time. In addition to the above facts, significant attention of potential investors is attracted by the fact that the team provides support to families with a fairly low level of income. ABBC regularly invests in global anti-hunger funds.

According to the current protocol, a fee is provided to users for each operation performed in order to accumulate in the Social Decentralized Crypto Fund. All users who show a desire have the opportunity to take part in charity, and for this they will additionally receive money from this fund. The company regularly attracts partners and investors to the project for the purpose of charitable deeds.

The ABBC Coin cryptocurrency has quite good prospects today. In order to be convinced of this, it is enough to consider in more detail the advantages of this project and its strengths:

on this platform, services are provided to users for face recognition, payment for purchases and exchange of tokens on crypto-exchanges, which will certainly interest potential investors;
this platform is able to get the most out of the intelligent use of the capabilities of the worlds largest retail service;
dealers of this company are located in many countries of the world.

Today experts do not undertake to predict the long-term prospects of this project, since it is rather difficult to predict the future of this currency. On the Internet, there are mixed user reviews, half of whom are satisfied with the capabilities of ABBC Coin, but the second notes a number of shortcomings. No consensus has been formed yet. In addition, close attention should be paid to the fact that the team does not have qualified advisors, which is a significant drawback. Another weighty reason to think about it is that the companys roadmap has not included plans for further development. At the same time, the price of ABBC Coin coins is somewhat overpriced for everyone.

The lack of user trust deserves special attention. The roadmap contains plans, the implementation of which is impossible from a practical point of view. The ABBC company indicated in their roadmap the amount that the coin could definitely achieve in the future. However, no one can accurately predict such results, because it is not known how the environment and the growth of other altcoins can affect the development of ABBC Coin. Moreover, it has been repeatedly proven that the developers predictions do not come true. At the first stages of the development of this project, the creators promised that by the beginning of 2018 the coin will reach a value of $ 50. But at the time of the review (now 2019), she could not reach even one dollar. Because of this, the number of potential investors is not high. In conclusion, it should be said that today the project cooperates with several exchanges that are low-liquid, and this is the reason for many risks.

During the period of its activity, the company has lost trust among users. For this reason, it is not recommended to invest significant amounts of money in this project - their loss can become critical. There is no confirmation yet whether it is possible to make good money on this cryptocurrency. Experts recommend that if you invest in this project, then on short-term distances, in order to win on a course change.

ABBC Coin in TOP currencies

At the time of writing this review, ABBC Coin is in 47th place in the TOP cryptocurrencies. Its current price is $ 0.17. The capitalization indicator is $ 98,429,693. However, in the near future, the company aims to create a global online marketplace based on the ABBC blockchain. As a result, the overall picture may change dramatically and the cost of tokens will increase significantly. However, these improvements are possible only in the case of competent and correct implementation of innovative solutions and a response to these innovations from potential investors. Investing must be done extremely carefully, because after sharp upward jumps, falls, no less rapid, are not excluded. Therefore, it would be a good decision to completely abandon investments in this project and choose another one that is more reliable for investment. Even despite the price jumps, this cryptocurrency still remains one of the most risky coins that exist on the market and offer speculations against BTC.