A lesser-known altcoin, Docademic [MTC] jumped by up a whopping 481% this past week and is currently trading at $0.40 to a token with a market cap of $108 million. The 24-hour trading volume across exchanges suggest a $13 million trading volume with the maximum volume emerging from the Hong Kong-based crypto exchange, HitBTC.
A look at the monthly charts suggests a staggering 1700% increase. John McAfee in his recent short-term predictions had predicted MTC to reach a staggering $2.5 by mid-July which from the current prices at $0.4 would mean an insane 500% jump.
Docademic is a bridge between doctors and patients with the sole objective of enabling premium healthcare with Electronic Health Record (EHR) and unrestricted access to doctors all throughout the year.
MTC is available to trade on four exchanges with HitBTC accounting for the maximum trade volume. They offer three pairing options which include MTC/BTC, MTC/ETH and MTC/USDT.
John McAfee is known for his bold crypto predictions while believing in them far enough to say, “will eat my own d*ck” if it doesn’t turn out to be true. He in his previous tweet mentions about 5 cryptocurrencies that could potentially triple by mid-July.
He has predicted EOS, whose Main Net is scheduled for June 2nd to be reaching $36 to a token while Golem [GNT] to reach $3 which is currently trading at the 44th position on coinmarketcap witnessing a minor 4% increase in the past 24 hours.
EOS at press time was trading above $12 after the flash one-hour ETH dump which made the markets drop by almost 5-6% in under one hour. TRON [TRX] was the worst affected after losing almost 10% and trading at $0.063 to a token.
The current rise in price for Docademic begs the question, will John McAfee is Bitcoin prediction of $1 Million by 2020 come true. A Docademic investor, Chetan Bhawani says,
“One of the ICOs @officialmcafee had suggested and I had invested in, though a small amount the @docademic ICO and I was comfortable investing knowing that this has a concept that will grow. It is already 5x the amount I invested. Only regret – I should have invested more.”
Source: https://ambcrypto.com/docademic-mtc-jumps-by-481-this-past-week-john-mcafee-says-2-50-by-july/