Nucoin, the bank's cryptocurrency nubank

Nucoin, the bank's cryptocurrency nubank

By ROcrypton | ROcrypton blog | 18 Aug 2023


    At the moment when I start writing Bitcoin is worth $26,434 , but I'll leave the coingecko widget for future comparisons

  After being almost frozen in price for some time yesterday, Bitcoin dropped by -11%.

 Nucoin the cryptocurrency of nubank bank!

   This would be Nucoin's week if it weren't for a system outage when its price hit a 2000% high.

   Nucoin is the cryptocurrency of the digital bank Nubank, all customers earned Nucoin according to the loyalty time of each one and as soon as it was opened to buy the currency it started to rise in price but when its customers went to realize their profits the system was stuck.

   I don't know how the price went up, but I remember that the first time I froze some Nucoins they were 0.08 cents (BRL), and on the day of the price increase they were 0.23 cents (BRL) I really got through the frustration, but I'm glad they were few that I wanted to sell because I froze it as soon as I got it, now let's see how it will be in six months.

   The system started working again when the currency was already at 0.17 cents (BRL) those who bought large amounts thinking of "washing the mare" were quite upset with Nubank. These are and always will be the evils of centralization..

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    It is estimated that one fifth of nubank customers in Brazil do not know that they have the cryptocurrencies distributed by nubank.

 Nucoin is quite controversial because it claims to be a polygon network token but there is no way to find your transaction on the Blockchain, there are no external wallets to store Nucoin and you only earn Nucoin using nubank credit and debit cards and for some financial interactions in the bank app.

   Nucoin trading takes place only in the bank app. I couldn't find it anywhere else, neither on market cap nor on coingecko.

   Nubank is a serious and highly respected bank in Brazil, being the first digital bank in the country.

 

  (I think this Nucoin looks more like a fully centered Cashback and Points business, how can I trust that chart even though it went to 2000% high)

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