Bitcoin Forum

I have come to the conclusion that no matter what happens, bitcoin still remain the father of Crypto currency. As at the year 2021 zugacoin was the most expensive coin in the history of Crypto currency, which worth beyond the price of bitcoin at about $285,677 clamouring for $450k then. I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency? But today I went to check if the price of zuga has met it target, but only to discover that it's just worth noting less than $1 at about $0.157 this made me believe that bitcoin still remain the Head.

So what do you guys think was the cause of suden dip of zugacoin?
coinmarketcap.com (https://www.google.com/url?q=https://coinmarketcap.com/currencies/zugacoin/&sa=U&ved=2ahUKEwi4yLKF5eWCAxXVWEEAHVMjAbsQFnoECAcQAg&usg=AOvVaw2n-vhuwGX1HVeNEDuyzyga)

Never heard of it before, lol. Seems like it was artificially pumped and rug-pulled at some point, it had that huge price just for a few months. The rest is just a low red line.

Happens more often than you may think, of course no to these extremes, but low supply coins usually go really high in their first bullruns, if you look at zuga total suply in the cmc link you will likely find something stupid like 1 or 2 tokens or maybe even a "0.X" total suply

That would explain the overinflate price

I wonder how much the volume was when it has reached that crazy price. Because this is the obvious manipulation that happens to a specific token. It's only listed on one exchange and the volume now was completely dead together with its price. I think this was all done by the developers that made them attracted a lot of fools that have rode the hype that they've made. When it's projects like this that goes as high as they can, it's just a crazy pump and dump scheme made by the devs. Look now, it's almost dead.

I have heard of this Zuga coin like once or twice for being overpriced and a bubble waiting to burst but never saw it in any of the exchanges, and the same think happened. As you have tried explaining Bitcoin cannot be compared to any other coins and moreover these coins which are pumped just to be rug pulled, this is not the first such coins and there are other coins with good marketcap and listed on exchanges like Binance couldn't sustain then how come Zuga coin even had a chance. I am talking ab out YFI which touched $95000 during it's peak in May 2021 is trending at $9k now even after being a coin which was adopted by users had a good volume. It's upto people that they should learn from the past and shouldn't jump into suspective coins.

Sudden dip of over 2 years long? Reason is that it was an obvious scam that no one had heard of.

Reason why it was "expensive" is an easy trick. Anyone can make a token with price movenent like that. Just distribute token you are making to your own walelts, trade them in dex from wallet to wallet to create fake volume. If you want more volume, choose a chain that has cheap tx fees. Keep doing that and some newbs see it as a real legit token they buy into. Remove any of your own liquidity if you had any and and start selling. If people panic sell their tokens to you in dirt price, you can do it once again. After you get bored, just slowly leave the project.

What was responsible for the sudden dip? Well, it wasn't meant to be up there in the first place. The ATH you saw was a glitch. Sam Zuga cleverly scammed church-believing and ignorant investors with his Zugacoin. Most of those who invested weren't even interested in researching what was in the white paper of the shitcoin. I knew it was going to end as a scam from the beginning. The signs were glaring. For one, people should steer clear of any crypto project that oozes religion. Cryptocurrencies and religion don't go hand in hand. Anyone who tries to market a project to you and highlights or tells you the developers/creators/teams are christians or Muslims, know it's a scam waiting to happen.

BTW, it's abominable to compare Bitcoin with Zugacoin.

We can't compete any cryptocurrency or shit coin with the King. King always be a King. If it has touched the highest value but you will see that it never compete Bitcoin in Market cap.
In the past I saw only one coin which was trading above the Bitcoin in value that was YFI. But in market cap only the King is Bitcoin. But now we can see that YFI trading at $8300. But we still can not compare it with Bitcoin even We can never compare any coin with Bitcoin.
Any coin can trade in higher value  but In usability we no coin can compete Bitcoin. And this childish Idea to compare these shitcoins like Zugacoin with Bitcoin.

I have never heard about this coin, while I agree that nothing can replace Bitcoin I am not sure why it is being compared with a pump-and-dump coin. I went ahead and checked this coin listing on coinmarketcap and found out that in 2021 it did pump. I guess it was because in 2021 we were having a bull run and at that time Bitcoin was creating a new ATH. That might be the reason this coin pumped to 200k level in the month of June. For now, I do not see good volume so it looks like this coin was used to trap innocent investors with the belief that it would pump more. In all probable scenarios looking at the present price, the founders have sold their coins and left it.

I have never heard of it as well. It is an artificial pump and this is common in the altcoins market wherein the project owners do something like this to get the attention of other investors that are looking for quick cash grab. Those that have been victimized by this will have hard time in recovering their money and it will be stuck on this token.

People should just stop comparing Bitcoin with any random altcoin that don't have a name yet. Having a high price doesn't mean that it can beat Bitcoin. Comparing it to the stability and influence of Bitcoin in the market, there is no doubt that no matter how many times it's been compared to many altcoins because of their prices, it is still the most preferred cryptocurrency of the majority.

So, if you see the same coin as zugacoin, there could be other developers that might try to do this to get easy money from fool and gullible investors.

In fact, I've heard of some coins whose prices exceed the price of Bitcoin, but I'm not interested in knowing the name of the coin. I thought, this is the coin I heard about at the time. Well, this proves that a large price is not a benchmark for beating bitcoin. Additionally, I think this coin is overpriced, even for an unknown coin. I assume that not many will be interested in such a coin, and we can see that its very high price in the past has become a waste. in fact, it may just be a bubble created to attract new investors.

Obviously, this is a pump-and-dump coin which was the decisive strategy of the scammers to lure investors to buy their coins. The Seller and the Buyer are the same person and they are just making this scenario to make the newbie investors that their coin is expensive but in reality, they are just sugar-coating their coins and it is not really expensive because it has no liquidity to start with. I wish everyone consider taking their time to research before jumping into that kind of investment in order to prevent themselves from becoming a victim of such scams, they are the trend nowadays though.

We cannot compare any coin or cryptocurrency from Bitcoin cause Bitcoin is the only  coin that is very safe and trusted and also Bitcoin is the number 1 among all cryptocurrency. So why we should compare Bitcoin to other coins?  And it's understandable that other coins is cannot compare Bitcoin they can't surpass cause Bitcoin is still the number 1 now and forever.
And about Zugacoin I don't think it's worth enough to invest cause maybe it's a tricks cause from the high price then now getting low hmmp🤔  It makes me think depper.

Obviously Zugacoin was a fraud that was been manipulated just to get attention and I am sure that the plan didn't work out as people got to know the truth about them.
You can't really compare Bitcoin and a shitcoins Called Zugacoin. And I am even sure that there are so many people who are in this crypto space that may never have heard of that name until today.

As far as I know zugacoin was a literal Nigerian scam, a coin "created" (more likely he paid the devs and marketing team) by someone who can be generously described as a naive religious man (if you're suspicious you will be more likely to label him as a charlatan who hides himself behind religion)

Here you have an article with its history, though too kind to its creator IMO
https://bulliscoming.com/zugacoin/ (https://bulliscoming.com/zugacoin/)

I don't know about this project you are talking about but i think you have missed another project whose price was sometimes higher than bitcoin. YFI got so much hype at that time that its price shot up above bitcoin and stayed there for sometimes. Actually the price of a crypto can not determine its value as a project that has 10 times lower supply than bitcoin and still has a massive community and investors. Its price can shoot up above bitcoin's price easily. It doesn't even need a massive community to shoot the price, a low-supply coin can easily be manipulated by the team and a few whales. A project's value depends on its long term performance.

What is this shitcoin? Compared to bitcoin and shitcoin this is on the BSC network which is full of shit tokens.

The cause of the increase was never known because I didn't follow this shitcoin, maybe there was a cause or the owners and developers tried to flash pump at that time so that the price could peak the price of bitcoin that year, but I'm not sure there will be many people profit and they try to manipulate it.

Again there is no comparison of shitcoin and bitcoin. Bitcoin is still on top.

We cannot compare Bitcoin to a shitcoin because we all know the clear answer for this.
Those projects who are claiming to be the next top coins or even replace Bitcoin on top is surely a fake one, because we all know crypto is about a hype and if you can’t deal with this for sure you will become a victim too of a hyped project and a scam one.

I never even heard of this coin before.  Sounds like some random token on the BSC network.  Now I ain't tryin' to hate, but that network is full of junk coins without much real use or value. 

Anyone can just make up a new token over there and use tricks to make it look like there's more trading volume and growth than there actually is and  its shady business if ya ask me.  So I don't think it's really fair to compare this coin against Bitcoin. 

Bitcoin's the OG coin with over a decade track record on its own serious blockchain infrastructure.  This other coin, well it probably dont even have its own blockchain.  It's just tryin' to ride the hype wave and get people dreamin' about the next Bitcoin moonshot so they buy in.  But it aint the same thing at all. 

Nah, there ain't no comparison to Bitcoin.  It's still the top dog in this game by far.  These fly-by-night coins gotta long way to go before earning that kind of respect.  For real.

How come any of you have high hopes for projects like this? It was clear from the onset that the Zugacoin team was simply going to rugpull in the end. Zugacoin gave me the Billion Coin (TBC) vibes. TBC was hyped to be worth more than 8 Bitcoin's (1 TBC == 8 BTC) but local sellers were selling it for less than $0.3 each so it didn't add up. That's why I didn't own any of them at any point in time.

People simply forget: If 1 zugacoin is $450k like OP mentioned, who is going to be at the other end to buy a $450k shitcoin? Projects like Zugacoin simply targets new and unsuspecting crypto users and it's just unfortunate that these scammers always get away with it.

The only Zuga that I know is that famous South Korean songwriter... Oh, wait it's Suga, and not Zuga my apologies.
Anyway, a shitcoin will always be a shitcoin.

A high price doesn't mean you can compare it with Bitcoin already. I still remember years ago when a project called Yearn Finance (YFI) was being compared with Bitcoin because it had a higher price than it. Now look at the project. Why the sudden dip you said? It's because it's a shitcoin. It's a pump-and-dump project that's why its price right now is below a dollar already from its ATH of 6 digits like you said.

Damn! I had to check this and it’s actually true and priced at $0.16 right now. I remember hearing about zugacoin which was sometime more than Bitcoin, but this has just referenced the saying that slow and steady wins the race. Bitcoin didn’t care, in fact, Bitcoin isn’t even in a competition with any other cryptocurrency. It just consistently increases in value. Imagine two investors invested equal amount in both coins, see how much of a loser the zugacoin investor would have been. Remember, any altcoin can have a high price, but if it’s not backed, the price is only temporary.

Their is some coins that you can't use and compare to bitcoin because I know quite well that the existence of bitcoin supercedes other coins, so therefore I believe that bitcoin  have something good and also the head of increment of other coins, this coin you mentioned right here can't be use to compare other standard altcoins that is well influential in cryptocurrency market cap, so bitcoin remain incomparable with other coins despite the project.

   What would you like to release on this topic that you have created? Do you want to release that Zugacoin can be the level of Bitcoin? So that's what you want to release.

  There's a lot you can fight with Bitcoin, like Ethereum or Binance, to be honest, and others. Zugacoin is really what you want to confess to Bitcoin. Why did you even think about it? Sorry, ha, but it's so nonsense that you are trusting Zugacoin to Bitcoin, which for me is not correct.

Hasn't something like this happened before?  where the price of a new coin exceeds the price of bitcoin.  Strangely enough, when I tried to invest $100 in this coin.  and after a while the coin price continues to fall and is difficult to rise again.  or maybe this is just a game of the whales

What should be compared with trash coins like this, let alone compared with Bitcoin. This is too much, this is just manipulation and not a coin that is really needed, in the end it will just be abandoned. there will be no coin or altcoin that can compete with Bitcoin. What the OP explained is just a pump dump coin and it won't last long.

As you said, there will be nothing comparable to bitcoin in this market. And the comparison only lowers the product's reputation, it could also be the way they want to attract attention (mostly it's criticism, like you said ) .
I know about Zugacoin, but really, it's just sh*tcoin and absolutely anyone could create something similar at a higher price. But it seems this is not the highest priced crypto in $ that I remember. It seems that in the 2021 bull cycle, there have also been cryptos worth millions of dollars, and they also only have a total supply of 1 to 2 :) , rather meaningless.

I think this Zugacoin will become the rugpull coin and fail coin. I already check their Telegram Community and there's no more activity from any member in there. Their admin turn off send message few long ago and only Telegram bot send few messages in there.

Sometimes I wonder why coingecho allow some shitcoin that has no value to be listed, and even add fake market cap and total supply. I think there should be regulations on this thing to reduce the risk of buying junk coin. I know they are also doing there business, but it's affecting some Crypto newbie even if they always give red flag warning, to be careful in the type of coin people buy. But that shouldn't only be the option. I think they should completely ignore coin that has no potential.

Right! Coingecko is a business, just like exchanges, and they've gotta bring in the money.  So naturally they'll list any coin that seems like it'll get clicks, whether it has real value or not.  Cant blame 'em everyone's gotta eat.  Still doesn't mean those coins will moon or anything though.

Best way to avoid crapcoins is do your homework beforehand.  Plenty of solid sites and sources out there breaking down different cryptos, the tech behind em, teams, all that and  study up before you throw your money around.  Your future self will thank you.

Same here. It was only my first time hearing this. Strange isn't it? If the coin truly pumps that high then why it wasn't in the headlines before, like any other big gainers? There is even a coin before who also surpass the value of BTC and it was always being talked about here in the forum.

Although its value is not high as this Zuga here. I can't totally remember its name but it goes like WyFi or something that has a Fi/Fy on its name. There might only be a glitch or visual bug that happened here in Zuga or the exchange/wallet where it was listed, like what happened to other coins that I see in the past. The second one is there is a strong manipulation that takes place quickly, even though many coins are also like this.

I wonder why there should be any form of comparison between this shitcoin and Bitcoin, there is no need to start competing with Bitcoin because the evidence is clear enough why Bitcoin remains at the top over others. unarguably, Bitcoin remains the best currency ever to enter into crypto and still maintain it's position and market value for many years now many have tried to depreciate the worth of Bitcoin but all plans have failed time with out number.
I have never heard about Zugacoin or see anyone make reference to it, why can't the coin maintain it's market value and price, seems it made it's way to that particular price by pumping and manipulation of the price by the admin of the project just to lure investors into buying their shitcoins. It's right time to channel all your attention to Bitcoin where there is definite result to show at the very end, without having any losses

As you have said, that Bitcoin will always be the best crypto, it doesn't matter what happens and it doesn't matter how other altcoins can reach higher rates. Basically, there are several possibilities if the price of an altcoin is greater than Bitcoin, usually because there is a big hype and a game in it that makes the price of the altcoin soar high. But just pay attention, no matter how high it is, it definitely won't last long. Moreover, Zugacoin's price is very high, but look after it reached its peak, the coin price continued to fall. Likewise with the market cap. I personally don't know about this coin and am not interested in this type of coin. So, just be wary of this coin, and don't expect too much for this coin to rise like its ATH, that will be very difficult to do again.

hype.

most altcoins are overly hyped so to attract investors which zugacoin did successfully but this coin failed to maintain its value it seems like what happened to zugacoin is inflation

this is why bitcoin is still the number one crypto in the world

That's for sure, there is no house that will stand without a solid foundation. Since the project is built on thin air, I think it will be blown down by the wind ;D and nevertheless I have never think on investing on it. Stable coin like Luna has never recorverd from it's dip talk more of an altcoin that realy few people knows about it. I was just curious to check if the coin still maintain it stand.

This is just a gimmick, do not fall for it, several developers on the past have claimed that their coin has surpassed bitcoin by manipulating their coin to reach a price higher than what bitcoin had at the moment, however the volume of the coin was nowhere near the volume of bitcoin or its usefulness, hash rate or its adoption.

And as time passed the coin eventually lost some of its support, crashed and disappeared, so this is just another case of scammers trying to deceive investors, and investors failing completely at seeing the truth and learning how to protect themselves.

for sure, the dev team behind that manipulated the market price back then. over hype without reason to exist, that was the main reason for them to get such price. lucky for those who sold at such ATH and very unfortunate for those who believed it will reach the promised price. there were several projects that really did claim back then to be more expensive than BTC but look at where they are now. lucky that this zugacoin has still value in the market, most have been long gone already.

I have heard a lot about zugacoin but I have never traded on it myself. But an acquaintance of mine did but after trading zugacoin didn't do much good. I will always put Bitcoin ahead of any coin. If Bitcoin can be traded well with market validation then our success comes.

People with common sense will know that if you were promoting shit scam token which was only being traded on the garbage pancake swap. There's no need to mention the shit scam coin to be compared with the most legit coin in the crypto market.
You are obviously a part of them. Zuga was a shit scam dead coin. Is there a sense thing to mention that scam token to be compared with bitcoin? Im very often seeing this kind of promotion being used by stupid bots owned or worked under the developer of scam coins.
None knew what zuga coin is .

https://coinmarketcap.com/currencies/zugacoin/

It's a complete dead coin. Are you a part of zuga coin team?  :o ;D

I have never heard of Zugacoin but Similar case happened to me with YFI [1] token couple years ago, it's ath price is 90K USD which even BTC hasn't reached yet  :P

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[1] https://www.coingecko.com/en/coins/yearn-finance

This i s to prove that bitcoin is the best and will remain the best so long as crypto is concern except what ever has value more than it is not in the crypto network. Bitcoin will continue to rule as the king of cryptocurrency, just imaging the decrease in price, in less than 3 years the price is back yo where it came from. This is one of the reasons I don't trust altcoins, you can imaging the kind of loss its investors experience after thinking the price will continue to go up, and the next thing they see is continues fall in price until its price now is currently less than $1. The pain they passed through, some could even making a decision not to investing in bitcoin or other cryptocurrency. I'll stop hear by saying, those into altcoin holding please be carefull, there are lots of shitcoin out there just waiting for the right amount of market cap before to crash down like zugacoin did.

You are really funny about your instinct aren't you? I am never a part of zugacoin project and has no understanding on how to create token and has not worked with any project before. Talking about zugacoin does not mean promoting zugacoin. I think from my write up it's clearly stated that bitcoin is the best so far, regarding the predicament that has happened to many altcoins. So don't quote me wrong because many topics about different altcoin has been popping here day ant night, but that doesn't mean they are a part of it. But just trying to understand something from it. Most of this thread created will still enlighten many people about different altcoin that challenged bitcoin and fall, so as for them to learn from the past and take bitcoin serious and never look down on it.

I was surprised when I saw the heading as Zugacoin Vs Bitcoin. As long as I know, there's no coin in the cryptocurrency industry that is worthy to stand head to head with BTC. It is always Bitcoin Vs Altcoins and not a single altcoin.
Meanwhile, I have heard about this Zugacoin once or twice in the past years, I least expected anyone to mention Zugacoin again in 2023.
If there's any lesson to derive from the said Zugacoin which fell from hundreds to decimals, it is that the legitimacy of a coin is not determined the the price. As price is easily manipulated.

I've never even heard of zugacoin at all lol. but coins like that are widely spread in cmc, and usually the price is manipulated with the volume being manipulated too. The price reduction you mean is that this is actually its value all along. When all the manipulation is removed, you can see how valuable the coin is, and you can see it and have attached it above. Bitcoin is still Bitcoin, nothing can be compared with Bitcoin until now.

In a bull market anything could pump especially scam coin, so I am not surprised or anyone with half decent brain is not surprised that the price of these coins dumped hard, I just hope people have learnt their lesson because it is when the tide went out that you know those who are dancing naked.

Real sad that people will desecrate their religion just to deceive the people in same Faith, to buy into a scam project. Karl Max, said that religion is the opium of the masses, and people will ignorantly believe anything sold in the name of their religion.

This means that Zugacoin, was designed to fail from the beginning, after the owner must have emersed wealth from unsuspecting victims, most of whom probably bought into the scam project because of religion. You can't compare this with bitcoin, being the first cryptocurrency, that was created to be decentralized and has proven it's worth over the years in the crypto space.

Talking about deceiving people of the same faith with one just to amass wealth, does the Bible not say something about wolves in sheep's clothing? Those who get deceived by priests want it so because they are promised heaven on earth by their wolfish priests. I don't have any sympathy to waste on people like that. They deserve being scammed. As Christians we shouldn't knock our brains out of skulls because we're in church. We should question things in church the same way we do secular stuff. But then, didn't Karl Marx like you rightly quoted, say it that people tend to be stupidly intoxicated where religion is? Let another priest come up with another Ponzi tagged crypto project and it will shock you how the same set of those scammed by Sam Zuga will queue up to invest in it.

It looks big but is actually so small that it is worthless and has no volume. it's just made to attract attention, making it look like it beats the price of Bitcoin but in fact it's just a bullshit coin. coins with a supply of 1 to 2 coins will just be trash coins. This was a trend several years ago with the emergence of many new coins with little supply.

It's volume based.  Meaning if no one was buying it someone could buy a fraction of a coin to represent an insane value.  Like buying .0000001 zugacoin for $10.  If no one else is buying then the price per coin will look insane.  Unless there is true volume behind a coin never just merely looking at coin price as an indicator of its value.

Hearing it for the first time here and how possible a coin that was approaching $450k became $0.157 and for that coin to come up will not be easy again. There are many possibilities that would mase coin to drastically became recession and enter into the bottomless pit of the highest dip in cryptocurrency from $440k to below one  dollar and that should be with the same range with dogecoin.

I will blame the founder too because probably he was not protecting the Blockchain of the coin and was not conscious about the coin so when Bitcoin came in they left there to invest in Bitcoin because there was no improvement again for years. I don't know just a guess idea because you asked for the possible reason of the coin down fall.

Frankly I've never heard of zugacoin before, and I'm very surprised why the OP can compare this coin with BTC, is this just a joke, I think everyone already knows about the greatness of Bitcoin, and there is no coin here in crypto that can beat the popularity bitcoins,

I still remember when icos were still a popular form of investing, and one of the standard tactics for the developers of those projects at the time was to claim their coin was better than bitcoin, something that in a way made sense in a perverse way, as if those coins made no claims to be better than bitcoin then why do we need them?

However that trend eventually died down as no one believed such lies anymore, however with a new influx of newbies coming to the market, it is possible we could see those old slogans making a comeback and we may get countless of developers claiming that their coin is better than bitcoin during the next bull run.

Don't just look because of the highest value it reached because still the capitalization is the important part because it is normal for some Shitcoin that scammed and manipulated to have that high price sometimes.
and you compared this shitcoin to bitcoin just like that? and yeah you have been watching that coin for couple of years now because there is a word that you "Today I went to check the price" in which made me think that you have known this coin and checked this when the price rose up to that ATH?

You are getting me wrong. The the comparison isn't a current comparison rather a thought  I had before about the coin. And later tried to check if the price was still thesame after some years only for me to discover that it wasn't the same anymore. That's why I use the topic zugacoin vs bitcoin. But that wasn't my main intention. but just to draw attention closer to how important bitcoin is, and how long lasting it can be compeard to others projects. 

At one time this coin had a lot of volume, and now it has reached a stage where people are afraid to invest here now lol. This coin seems to have artificially pumped so much, maybe for a short period of time, which is why it got to this level. This coin is pretty much dead right now, but it would be stupid and crazy to ever compare Bitcoin to this coin. Comparing any coin to Bitcoin is a fool's errand so I think no coin compares to Bitcoin and Bitcoin is the king of all coins. And Bitcoin will always practice its religion and this Bitcoin will never die, as this Zugacoin has died.

  Bitcoin is so far from Zugacoin; what did you think, and did you really compare it to Bitcoin? Obviously, there is little interest in investing or trading there. In fact, Zugacoin is no match for Pepe, Shib, Doge, Caw, and Floki, to be honest. Note that these are meme coins that I mentioned that I don't think Zugacoin will work with.

  Even if you say that its maximum supply is only 1 million and then it's expensive per token, and its daily trade volume is still very low, I don't see any potential in that coin; obviously, pump and dump will happen there, and the investors are still delicate. Sorry, but this is just my opinion.

I don't know why Zugacoin is being compared to Bitcoin. Maybe Zugacoin had a lot of value in the beginning but lack of adoption or use of the coin to make Zugacoin lose its value. There are several factors to consider before comparing Zugacoin to Bitcoin. The coin called Zuga is still in the market!  What is the demand of the market, does it have a future at all. Whereas Bitcoin is a strong currency and its value is sky-high compared to all cryptocurrencies. Zugacoin should be analyzed in terms of its own market dynamics rather than compared to Bitcoin. Comparing Bitcoin to any other coin makes no sense.

I have to admit that I never heard of this coin before, presale price $400, launching price $40k, ATH in the CMC $221,980.32 and the real price today is $0.1275.


Created by Bishop Sam Zuga is the Archbishop of House of Joy Ministry (known as Jehovah Field Marshall) - Well, now I can see why this coin was very expensive at that time.

A simple explanation about zugacoin = this coin has been created to make someone Rich while making millions of others Broke ... as simple as that.

That's what you call a crappy coin. I am sure, the team behind it just hyped up its price when it reached the $221k value.
And that is very true, they manipulated the price in the market screwing a lot of investors for sure.
There's not even reason to compare it with btc. Zuga was a short lived coin created for the mere profits of its owners.

I'm deeply into cryptocurrency and I can tell the differences between a legit projects and the one that's build on shaky foundation, the faults comes from the founders and the team behind these set of projects. However in the first place, Bitcoin should not be compare to any coin in the market because it's ranked first and it's the only project capable of making close to a $100k. Bitcoin should not be comparable to any random altcoin in the market because they don't worth it any bit. Zugacoin is one of these altcoins that doesn't have strong value in the market and easily gets affected when there comes the bear season. Most altcoins gets affected and this is a major step up for these projects.

  What is shitcoin up against in a legitimate and top market in this industry? Bitcoin has been thriving in this business field for over a decade, and no one has ever beaten it. If they're going to turn it into Zugacoin, is this okay?

  I don't know if the OP is just promoting this coin of ours, but in fact, I can say that it is really a shitcoin. It is better to hold the Shiba Inu and Pepe coins than this shitcoin, to be honest.

I think when we talk about crypto issues we don't just talk about price but also popularity, market cap, etc. Altcoins that have prices above Bitcoin must have very little supply. In other words, even though the price is above Bitcoin, that doesn't mean it beats Bitcoin.

No other coin compares to Bitcoin. Because Bitcoin is the only coin that can be invested with full confidence and the risk is much lower than other coins. And only Bitcoin is good and profitable for long term investment. Other altcoins sometimes pump a lot through the hype and quickly but their prices drop again very quickly. And if they crash again, altcoins cannot survive marketing for long. But Bitcoin will always be in the crypto market. So it can be guaranteed that no other coin can compare with Bitcoin

I have never really heard of Zugacoin. It's not something that's in the same universe as Bitcoin. Comparing this obscure token to Bitcoin seems absurd. There are some tokens that launch and turn out to be honeypot scams. These tokens' smart contracts only allow for buying of the token but not selling. This allows the price to get pumped really high initially. I suspect this may have been the case with Zugacoin.

There have been more legitimate projects whose tokens reached a really high price. Yearn.Finance (YFI) reached an all time high of over $93,000. Their total supply is really low and it was one of the most hyped DeFi projects back when DeFi was at its peak popularity. After that bubble burst its price crashed and has fallen more than 90%.

I have probably never heard of it before; hence, comparing the original product with a sub-product is quite ridiculous. Though the price of the so-called Zugacoin might have overshadowed the price of Bitcoin then, it's still not the original coin itself.
 
I did a lookup for the so-called zugacoin and found out that it was even centralized. For a coin to even maintain any progress, it must be decentralized, and another thing I found out was that this zugacoin was just a token on the ERC-20 chain; it had no blockchain of its own, nothing comparable to Bitcoin and hence was even programmed by one person. Lol..
 
It's in fact not worthy of mentioning its name, somewhere close to Bitcoin. It was just a personal project and one of the major pump and dump shitcoins.

Lolz ;D there are thousands of coin listed on coinmarket cap on a daily basis and you can never know them all until you come across them. You are wright thou. Zagacoin was not popular like other coin listed on binance and other exchanges, perhaps the research you did about it, might be the reason behind it not being a successfull project.

If zugacoin value was higher than that of bitcoin it doesn't mean it has more potential than bitcoin,  no cryptocurrency can be compared to be like bitcoin,  bitcoin is different.  Most projects can just add value at first which people will be so convinced to invest in it and after some time it will be nowhere to be found in the market. The initial increase of a coin is not a guarantee that the coin will be valuable in the market. Bitcoin is the father of all cryptocurrency.

Why will someone compare Bitcoin to Zugacoin. Someone need to tell me the potential of Zugacoin that will make it a must hold cryptocurrency. Even though this coin has price that is bigger than that of Bitcoin or whatsoever, it doesn't mean that we have to invest more on it. Anyone that find it a good coin can take the risk investing in the project if it has good utility. I would rather invest my funds in project that has little market cap than putting fund on project that has large market capitalization.

I still can't understand why someone would try to compare Bitcoin with a shitcoin like this. Maybe the price will be higher, but that doesn't mean it can be competitive in terms of trust, reputation, worth, benefits, and so on. Bitcoin is the king and is definitely trusted and cannot be compared with other altcoins. in this case shitcoins.

Theirs no coin that can be use in comparison with bitcoin despite the speed of increment and adoption of the coin, I believe that for coin to increase it most come from the advertisement of the coin, in all the cryptocurrencies its bitcoin that is the master of any other cryptocurrencies and bitcoin doesn't have devaluation

Bitcoin is where it's because it has a very strong believing fan base and community. Even when things go awry like we've now with weeks of congestion on the blockchain and the accompanying stupendous miners' fees, the community still keeps believing all will soon be settled. Bitcoin isn't a master in this game because it offers anything special apart from its decentralization. Nothing. It's just its committed community. What other special thing can we say Bitcoin offers now? Someone should correct me if I'm off here. There are some project/tokens/coins that will face this same fate and immediately they will be abandoned. It's really frustrating to use Bitcoin ATM, especially for small spenders like us.

We cannot compare bitcoin with any other coin because every other coins still has the possibility to become devalued but bitcoin is a firm asset in both security and profitability. There are many crypto coins that once have given profit to its users but now they have no value but bitcoin as was successful in past more than that it is successful in present.

We can say that the present coins can be successful but if we say that this will achieve the place of bitcoin then it will be wrong because bitcoin has its own place and profitability which is impossible for other coin to get.

Although I have never heard of this coin before, after reading your post I came to know that there was one such coin that had a huge increase. Although most of the people giving feedback about this coin was only artificially pumped, I also think that this coin was probably artificially pumped. But right now I see its price at a very low level that has never risen again. But such altcoins should never be compared to Bitcoin, as it can never be the same as Bitcoin.

This is the kind of coins that is mostly pump and dump. The holders must be ready to be at alert when holding so they can easy sell when the price goes fully up and buy again when the price deprecate. This kind of coin is a kind of gamble coin where whales could always buy large quantities and hold for a while and sold when they felt like. It could have a good utility and community but that does not mean that the coim can be compared to Bitcoin. Bitcoin is the only safe coin for now and I don't think coin like this one can be compared to it.

Before holding these currencies we should proceed by checking their value in the market. Earlier the value of this coin was good but now Bitcoin has gained more popularity. Do not compare any currency with Bitcoin. Zugacoin's price is so low that no one can properly say anything about the pump dump. Bitcoin is a safe currency for investment with a bright future.

No comparison because bitcoin is bigger than the Zugacoin in every phase. In all, bitcoin is the only solid project that's keen on pumping to high level and its universal in all rounds of crypto. While for Zugacoin, it's an altcoin and it pumping limits is staged to be restricted either by the volume or volatility of the market. No one is in control of the market, it's run smoothly sometimes and most times, it failed to run profits for traders and investore. Every coin have potential of possible pump but its never too late to predict the coin that will pump and the one that will not.

When I first heard about zuga coin, I thought it was a joke. Heard it was created by a pastor or priest and every thing just seemed fraudulent about it because it had zero purpose aside from being a fake bitcoin copy. The price only went up because the creator of the coin intentionally manipulated the trading volume so the coin would pump. This has proven to be unsustainable as with the bear market, the creator must have dumped the price and rugpulled.

It's obvious that is some certain coins that can be use to compare with bitcoin not this particular coin in question,  so bitcoin is the master of all cryptocurrencies and I believe that either any new coins is introduced today what we can use and know the project activeness is base on the market movement,  so therefore we can not say zugacoin can be use to compare with bitcoin instead of using dogecoin or litecoin to be compare with.

There are various types of coins in the crypto currency market but among them the king and best coin is Bitcoin.I think Bitcoin has been considered the best of all the coins it has been compared to so far.
I never knew about ZugaCoin before or even heard of this coin.The current price of this coin is $0.11.Where today the price of Bitcoin is above $430000 dollars.
If anyone compares these two coins then everyone will say Bitcoin is the best.

I first saw ZugaCoin after hearing from you and searched on Coinmarket. After searching, I found that the price went up to $236,700 at one point, but that didn't last long. Its price makes ZugaCoin $0.1155 but the trading volume is very low. The trade pattern looks like it is artificially done. There aren't many good exchange lists, just pancake swap exchange lists. But comparing this coin with Bitcoin is really ridiculous. No one will trust this coin and invest in this coin. Many may think that buying and holding some coins will increase in price in the future, I think these coins will never increase in price. Investing in these coins and losing money is the same thing.

No matter how it may be, altcoin will always be altcoin and will be different from Bitcoin. I can't imagine these great dip. It low market cap and the early hype may be the reason for the high price at the early stage. Since it's altcoin, at a certain stage the big investors will definitely cash out leaving the project behind to worth nothing. Nothing can ever be like Bitcoin in the space.

that's the reason why Bitcoin should not compare to Amy coins cause we all know how it works we all know what is the Best and no one can defeat Bitcoin cause Bitcoin is the king of cryptocurrency and altcoins are  too small for Bitcoin. And we all know that many investors will choose bitcoins than altcoins even though it's long term investment but still we can get more profits in the future once we invest Bitcoin. And one more thing nowadays there are many scams in altcoins si we need to be vigilant anytime.

I think comparing altcoins with Bitcoin is nothing but foolishness.And if you are talking about investment then no one has ever been successful in investing in alt coins.But many people have become successful in life by investing in Bitcoin.There was a time when I was heavily into alt coins and even invested heavily in these coins but I just lost there.But I invested in Bitcoin when I slowly started to get a better understanding of the cryptocurrency.

Despite bitcoin is a longterm investment that may take time to gain profits,  it is better to invest invest in bitcoin knowing that it is reliable and safe. The mindset of making money from investment has really made many people to go into wrong investment,  bitcoin is the safest to think of for an investment . When it comes to investing in cryptocurrency Bitcoin should be consider first before looking into other cryptocurrencies, bitcoin is more reliable.

I think by Low marketcap you mean Low token supply. because a low market cap doesn't increase a token's price. in fact low marketcap token's value tend to be much lower.
yes if you are talking about Low Circulating supply then that can be a factor for a toke to have high price. but I don't think this was the case in this particular token. Total supply for Zugacoin is 1,000,000 (1 Million) which might sound low. not that low for that price. I've seen tokens/coins with much lower supply but their price is not that high.
this was certainly a fake pump. marketcap or supply had nothing to do with that.

I guess this is your first bull season. If this is true, then your words make sense because you know nothing about this industry. Altcoin is relatively risky compared to bitcoin but it is also highly rewarding. Just ask early investors of sol and matic they will tell you how satisfying it was to watch their portfolio rise to 1000X. How many cycles does a bitcoin holder need to get that kind of ROI? Crypto is a risky territory, even bitcoin so there is no shame in risking a few extra bucks in some altcoin that can give you lifetime earnings.

Bitcoin was and remains the founder of other cryptocurrencies. There really was such a zugacoin, and it was a temporary hype, I think at that time there was just a targeted pumping of this coin, without any hopes for further development, everyone who poured a lot of money into it understood perfectly well what they were risking and what outcome awaited them. It is much more interesting to invest in blockchain-related projects that strive for development and innovation.

I don't even know why such coin would be compared with bitcoin,  even the ethereum and bnb that is considered to be one of the best altcoins to invest on can't even be compare to bitcoin.  Nothing can change what  bitcoin is ,  bitcoin remains the number one cryptocurrency and every other cryptocurrencies are imitation of bitcoin.  Zugacoin was just hyped and people who invested in it ended up regretting because it was a huge lose for them.

Today I just checked the price of that coin again, and I was shocked how the price has been moving from up to down. Coin that worth even more than Bitcoin then. This is the more reason why Bitcoin is still the best, and the more reason I don't even accumulate altcoins. Because back thenin the market, I looked as though the coin was legit based on the height of price it attained. However coins which seems to do well today might even end up becoming a scam project. We shouldn't count coin as legit based on their price,. because they disappoint at any time.

Who compares Bitcoin to any Altcoin, even ETH is not yet fit for such comparison. Altcoins are always risky having a possibility of getting rugged or dumped through various means, this scares out investors but in Bitcoin we can never experience such. Altcoins gives good profits just with the way Solana did of recent. Just need to be careful on which to invest.

Firstly, I have never heard about the coin named zugacoin. However, Bitcoin is often considered unique and incomparable to other cryptocurrencies due to several key properties. Firstly, it was the first functional cryptocurrency, giving it a first-mover advantage. Additionally, Bitcoin's monetary policy is seen as more reliable and sound than any other cryptocurrency, making it a superior investment. Furthermore, Bitcoin's intransigence and the fact that it is continuously innovating at a rapid yet safe pace make it difficult to compare to other cryptocurrencies. These factors contribute to the belief that Bitcoin cannot be easily overtaken by another cryptocurrency in terms of value.

First you have to look at the total supply of Zugacoin and compare it with the total supply of Bitcoin.
Why is the price of Zugacoin falling? this is normal in the crypto world, altcoins that have no long-term utility will be abandoned by investors and prices will fall.