Zugacoin vs bitcoin.

[LogitechMouse]

So what do you guys think was the cause of suden dip of zugacoin?

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.

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[oktana]

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.

[GeorgeJohn]

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.

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.

[Ben Barubal]

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?
https://www.google.com/url?q=https://coinmarketcap.com/currencies/zugacoin/&sa=U&ved=2ahUKEwi4yLKF5eWCAxXVWEEAHVMjAbsQFnoECAcQAg&usg=AOvVaw2n-vhuwGX1HVeNEDuyzyga

   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.

[Wahyuihib]

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

[AakZaki]

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.

[bluebit25]

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.

[terizla]

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.

[Samlucky O]

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. 

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.

[Marvelman]

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. 

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.

[justdimin]

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.

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.

[Obim34]

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

[TelolettOm]

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?

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.

[btc78]

I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency?

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

[Samlucky O]

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.

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 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.

[wxa7115]

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.

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.

[AmoreJaz]

I was thinking that how possible is it that a coin could be over expensive compeard to the first Crypto currency?

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

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.

[synchronym]

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.

[asriloni]

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? 

[libert19]

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 


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