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December 18, 2017, 11:11:11 PM |
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16:58 15-12-2017
bitcairn's currency is climbing to new record levels despite growing warnings
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Petcquin hit a new record high above $ 17750, up 8% from the previous day amid growing fears over the risk of investing in the highly volatile currency and speculation.
The astronomical rise of the encoded currency - more than 1,700% since the beginning of the year - raises fears of a bubble that could explode.
Rising more than 77% in December alone to its best monthly performance since December 2013.
In today's trading, the currency recorded $ 17,752.99 on the Luxembourg-based stock exchange.
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