Bitcoin Forum

As the subject line says, Do you have any idea what this Thorecoin is??


I sorted the coinmarketcap list based on pricing and suddenly it appeared in front of me. Third highest in price beating some very prominent cryptos in the market. I could not find much information about it even after visiting their website so can anyone help me to understand what their business goal is why it suddenly started getting momentum??

https://i.imgur.com/e2z6Psm.png

Any help will be appreciated!

I believe this is the reason why we have google where one can make research about virtually anything in the world and get result within seconds, I think you should check about the project on google to know they are about and to see whether they are a scam or not. You can discover if they are a scam by checking the reviews of others of other users on the project to see if it's good for investment or if there are any bad review about them.

Thorecoin is something like a trading coin, which contains other coins (???). That's all I could find about this coin.

Last last day when is scroll of the top coin at coinmarketapp and i see this thorecoin pump so hard. I dont have any idea about this thore but what I see is shocking. This last february the price was around 0.19$ something but now it hitting the price around 600$ any idea what happened. This one dominate the market, even eth cant pump like that at the moment

ThoreCoin only has a total supply of 100000 coins making the price so high. According to the research I made, what made it more interesting is that THR represents an indices of top-traded high-demand coins. Which you are already owning those tokens by just owning THR. What pumped it so hard is the integration between the company of ThoreCoin and Bloomberg Crypto.

There is another token on the Wave platform with the same name, but not the same coins. On their official site there is not enough information.
In addition, last month the price was 0.14 USD, while currently around 600 USD. I wonder how such an increase could happen in this case.

The first time I learned about this currency, I will learn about it and the development project for more on how it works.

I never heard about this thorecoin, but how the fuck pump so high with this bad condition of the market, possible manipulation going on?... who knows..

Now it's really hard to know the name. The number of crypto money is rising very quickly. Very difficult to follow. However, the sequence in the CMC sometimes shows incorrect results.

  ;D I do not know not met this coin. I do not know, I have no confidence in projects about which even it is impossible to find out)) If even using the official website of the project. Try searching for information on the source.

Looks like its own only by the few people, I doubt this isgoing to last. Once there will be people who will try to invest on it, all those who hold this token from the start will start dumping what they got and those investors who recently bought will be left holding or most probably sell them for cheap. They are using the EIDOO wallet though someone they made it appear like its a real project.

this coin is totally suspicious, you can find more info about this token here: https://cryptocoinspy.com/another-unknown-coin-enters-the-top-100-with-90-weekly-growth/

Just googled it and found that it is a security coin aim to help people to participate with the growth of cryptocurrency (Oh maybe the growth of their hype). But, seem like this one is offering a good return with no specific purpose on a project, a shitcoin built with hype. Stay away from this kind of coins, you will be safe then.

I agree because we can track everything from websites, facebook, reddit, twitter and telegram
I am sure that every project has that and from there we will know what their concept or business is, we will also be able to assess what causes them to get price and momentum because after we examine it we will be able to assess or realize how good and how feasible

I didn't heard about this coin until now, but i will not invest on, because if the coins not have real support or team behind it not doing well is possible that a coin die on future and all money invested on will be lost.

ThoreCoin (THR) - The Tremendous Pump That Never Dumped | $1 to $1,200: https://www.publish0x.com/introduction-to-cryptocurrencies/thorecoin-thr-the-tremendous-pump-that-never-dumped-1-to-1200-xrygnq

No. I really don't know anything about this coin neither do I have any idea. I think day in day out, new coins are created into the cryptocurrency business of which some are shit coins and others are great coins.

It is sitting at $1.3k USD as I am writing this. The fluctuation is unusual. Maybe some traders of this coin just want this to pump and dump this kind of coin since others are also doing it. Or it maybe a silent legit project but nobody knows why it went that high when talking about its price. Its just pure manipulation on their side.

Stay away from this coin this pure scam coin with no use at all. Thorecoin have 2 other subsidery project as well such as thore cash and recently launched thore next. All of this have suspicious trading volumes on crex24 that to with waves blockchain. Other 2 coins are listed on the mercatox but with the ethreum blockchain. Why their project using multiple blockchain to trade on the exchange???

Suspicious coin! Looking at the growth chart, I will not say that it looks like a game of course. But with such a high price confuses why only 1 exchange?
https://i.imgur.com/olihB7m.png

Coinmarketcap rankings and numbers can sometimes be misleading. Such coins can appear in the list as a result of instant increases and decreases and then disappear.
I've never heard about it BTW.

I just saw it on Coinbase for the first time under assets they don’t carry, along with a few other tokens I had never even heard of, like educare, ZB, and InsightChain. Strange to see this nonsense on Coinbase, and truly gives me pause in their direction. After more research, ThoreCoin looks like they want to do some shit like use a blockchain to buy and trade regular stocks like Apple and Netflix. Why? I can trade those stocks easier on a regular exchange like Robinhood.

They call it an untapped market. I call it a waste of my past fifteen minutes.

It's easy to trade anything on a website, blockchain will take over stock trading once it becomes impossible to ignore the benefits.

This project has red flags for me too but very few things mentioned in this thread as critiques has been accurate.

This one I'll be researching until I know more

Always check the 24 hour trading volume.  It's so low.  This means there is very low activity and have low amount of coin holders.  Suspicious.

Actually I was quite unfamiliar with Thorecoin. Hearing Thorecoin on this thread made me curious enough. As seen from the development of the charts present resulted in much more progress than the first time he was present. So I have an idea to try to have those coins for my investment. With hope in the future Thorecoin was able to satisfy me in getting a fairly high profit. I continue to hope the increase in this chart is ongoing to get much more.

I have 5.75 THORE COIN I want to sell for 5000$ : https://t.me/PRgrmcrypto

Beware of this coin. I have some before when it is still on their erc20 blockchain. But the developer refuses to let us swap it but let the token rot for those who got it for free. If I were you I wouldnt mind playing with them. The team is vague and definitely no social channel for discussion for their members.