
What Is Soarcoin Crypto currency?
Soarcoin Crypto currency is a digital currency designed to function as online cash – similar to the original version of bitcoin. The currency promises low fees, a fixed total supply, fraud protection, and other key features.
The currency was created by a Singapore-based company called Soar Labs. The official website, SoarLabs.org, describes it as “a revolutionary digital money system” that lets you “make instant payments online or in-store.” The platform is open-source and based on Ethereum.
Overall, Soarcoin Crypto currency is advertising itself as an alternative to some of the world’s major cryptocurrencies. This isn’t a digital token released as part of an ICO, nor is it designed to function within the ecosystem of one particular platform. Instead, this is a token designed to be used specifically as a way to store and transfer value – just like money.
As of July 2017, the currency had a market cap of around $18.6 million, with a circulating supply of 651 million SOAR tokens out of a max supply of 5 billion SOAR. The price launched at around 1 cent US before rising as high as 6 cents, then dropping to 3 cents, where it sits today…tune in for our full review!
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