What's U.CASH?

[kryptqnick]

I can see now a new coin which is already #23 in marketcap and had +881% within the last 24 hours. I have never even heard of it!
Their project is about encouraging people not to keep money in the banks but instead convert fiat into coins and vice versa via their token.
Their announcement thread has only 7 pages, the team and advisers aren't famous for anything and they have no big partners.
Seems like the project is not among the strong ones, but how did it manage to rise with such high market capitalization? I guess it means people believe in it, for they could've sold all of the tokens already with 2x or something profit.
How do such projects manage to get in the top (even if it happens temporarily)?

[ICO Lancer]

I saw it on coinmarketcap as well. The +816.05% definitely caught my eye.

But I'm still a little unconvinced by the whole thing.

[EckhartJV]

Confido was on coinmarketcap. We all know it went up 40x in a short time. But what happened next might also happen with ucash. j/s

[kryptqnick]

It did drop 50% in the last 24 hours, but it's still in the top. Its trading volume is 1 million dollars. How can someone really control such a coin (which also has no partners), so that the price doesn't go down instantly? Or does it truly mean there are enough people who just believe in it? I've noticed before that Koreans had this enormous power of controlling the market, but this coin is listed only on one exchange and it traded solely to btc, eth and usd. I just don't get how such things get done.

[explosion]

It was a small airdrop with fast bounties and I would forget about it if it weren't on the top-list. To me, it's just another speculation, soon it will drop and nobody will remember about it. It seems like devs are just trying to attract some attention.

[jorenpo]

I can see now a new coin which is already #23 in marketcap and had +881% within the last 24 hours. I have never even heard of it!
Their project is about encouraging people not to keep money in the banks but instead convert fiat into coins and vice versa via their token.
Their announcement thread has only 7 pages, the team and advisers aren't famous for anything and they have no big partners.
Seems like the project is not among the strong ones, but how did it manage to rise with such high market capitalization? I guess it means people believe in it, for they could've sold all of the tokens already with 2x or something profit.
How do such projects manage to get in the top (even if it happens temporarily)?

I saw it on facebook and other social media platform. They are giving away 500 ucash to each participants who verified their phone number if im not mistaken.

[alt-fire]

now give less. yesterday I received 280ucash
formalized the withdrawal on the exchange, 20 hours left- status "processing"