Charlie Shrem Invests in Creditbit, Major Exchanges CRB Trading

newsbtc | April 26, 2017 | 1:12 pm
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Charlie Shrem Invests in Creditbit, Major Exchanges CRB Trading

newsbtc | April 26, 2017 | 1:12 pm

A lot of cryptocurrency experts have taken notice of the Creditbit initiative. After meeting the project’s CEO in Munich two weeks ago, Charlie Shrem publicly tweeted how he is investing in the project. That is a major validation of this project, as it goes to show there is a bright future ahead for Creditbit. Considering the token is still maintaining its value over US$1, things are looking good.

Charlie Shrem seems very excited about the Creditbit project and what the future holds for the project. Most people will know by now Shrem met with the Creditbit CEO at a conference two weeks ago. What most people do not know, however, is how Charlie Shrem is actively investing in the Creditbit project. Considering how the value has seen a major value appreciation over the past few weeks, it is only normal to see experts pay attention to what the concept brings to the table.

In fact, one could argue Charlie Shrem would never invest in a venture if it doesn’t have a solid foundation. This bodes well for all Creditbit holders moving forward. Moreover, such a nod of approval from Charlie Shrem may send the CRB price skyrocketing over the coming weeks. Fresh capital is always beneficial to a cryptocurrency ecosystem after all.  It is well worth the time to keep an eye on the CRB price moving forward.

Speaking of the Creditbit price, it is very surprising this currently is only traded on some smaller exchanges. Up until this point,none of the “major” altcoin exchanges have shown any interest in listing a CRB/BTC trading pair. That is rather surprising, considering Bittrex and Poloniex – or even Bitfinex – could generate a lot of trading volume from this pair alone. Creditbit is doing quite well on Livecoin and DABTC, where it generated over US$444,000 in trading volume over the past 24 hours.

It is unclear why these exchanges are holding off on adding Creditbit to their platform. Then again, it may only be a matter of time until this situation comes to change. Cryptocurrencies generating a lot of volume on smaller exchanges won’t go by unnoticed forever. If Bittrex or Poloniex were to add the currency, the CRB price could very well increase exponentially moving forward.

Header image courtesy of Creditbit

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NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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