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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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GateHub: Stolen XRP funds transferred to prominent exchanges

Namrata Shukla

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GateHub stolen XRP funds moved to Bitfinex and OKEx
Source: Pixabay

The GateHub hack that took place earlier this month resulted in the exchange losing nearly 23 million XRP worth approximately $9 million. However, Whale Alert, a tracker of large crypto transactions, alerted the community of these stolen funds being moved to various different exchanges.

One of these exchanges was identified to be Bitfinex, which received 400,025 XRP on June 16 at 10:57:22 UTC. The sender’s address was r4hyDYXv7iV3oCahxQzqYYfgxwyBx3AyMN and was identified to be from the GateHub hack 2019. The receiver’s address was identified to be Bitfinex’s- r9o9MerrS7d2GAEs6JPj4v4JcvZAJNtLUY. The hash rate of the transaction was 21124F7818A2903E9750456D603CC9AACC9DBE6CE2EF0AA191C734339B4CA682 and the transaction details were as follows:

Source: Whale Alert

Source: Whale Alert

Another transaction was noted to take place to the Bitfinex wallet address where 100,000 XRP was transferred from another identified GateHub hack address. The identified Bitfinex’s wallet address was rDcz7P9YMpffLKhRBovTzhUr3wKtk3y9q7. This wallet address was quick to transfer the funds immediately to another exchange, OKEx. OKEx previously received 3,000 XRP from the stolen funds to an identified OKEx address- rUzWJkXyEtT8ekSSxkBYPqCvHpngcy6Fks. The hash rate of the transaction was noted to be BE97F68A20E996A2E1A37228DCBD45A1F26E8E2B3A842E9FCFFF7721157C1C37 and following were the transaction details:

Source: Whale Alert

Source: Whale Alert

The stolen funds were moved to another prominent exchange, Binance, and CZ was swift to inform Whale Alert that he would look into it. However, the crypto users did not find any relief about these funds going to other exchanges as the exchanges did not respond to the large transactions.





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