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Docademic [MTC] jumps by 481% this past week – John McAfee says $2.50 by July!

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Docademic [MTC] does a crazy 400% jump
Source: Pixabay

A lesser-known altcoin, Docademic [MTC] jumped by up a whopping 481% this past week and is currently trading at $0.40 to a token with a market cap of $108 million. The 24-hour trading volume across exchanges suggest a $13 million trading volume with the maximum volume emerging from the Hong Kong-based crypto exchange, HitBTC.

Docademic [MTC]'s crazy one month spike

Docademic [MTC]’s crazy one month spike

A look at the monthly charts suggests a staggering 1700% increase. John McAfee in his recent short-term predictions had predicted MTC to reach a staggering $2.5 by mid-July which from the current prices at $0.4 would mean an insane 500% jump.

Docademic is a bridge between doctors and patients with the sole objective of enabling premium healthcare with Electronic Health Record (EHR) and unrestricted access to doctors all throughout the year.

MTC is available to trade on four exchanges with HitBTC accounting for the maximum trade volume. They offer three pairing options which include MTC/BTC, MTC/ETH and MTC/USDT.

John McAfee is known for his bold crypto predictions while believing in them far enough to say, “will eat my own d*ck” if it doesn’t turn out to be true. He in his previous tweet mentions about 5 cryptocurrencies that could potentially triple by mid-July.

He has predicted EOS, whose Main Net is scheduled for June 2nd to be reaching $36 to a token while Golem [GNT] to reach $3 which is currently trading at the 44th position on coinmarketcap witnessing a minor 4% increase in the past 24 hours.



EOS at press time was trading above $12 after the flash one-hour ETH dump which made the markets drop by almost 5-6% in under one hour. TRON [TRX] was the worst affected after losing almost 10% and trading at $0.063 to a token.

The current rise in price for Docademic begs the question, will John McAfee is Bitcoin prediction of $1 Million by 2020 come true. A Docademic investor, Chetan Bhawani says,

“One of the ICOs @officialmcafee had suggested and I had invested in, though a small amount the @docademic ICO and I was comfortable investing knowing that this has a concept that will grow. It is already 5x the amount I invested. Only regret – I should have invested more.”





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Andrea Pierre Jackson is a contributing News writer at AMBCrypto from December 2017. She has previous writing experience with major publishing houses in the UK and the US. Andrea currently does not hold any position in any cryptocurrency or its projects

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Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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