From 6.5 yuan to 0.2 cents, is the mining platform coin going to collapse?

Mining exchanges have been extremely popular recently, with even OKEx and Binance getting involved. However, this model has also been criticized by many people. Zhao Changpeng explicitly said that it is a Ponzi scheme, and it all depends on who can run faster. Now, the first coin to experience a major crash has appeared:

I don’t know if you have heard of 58B. It is the platform currency of the exchange 58coin . This exchange also has a mining model and a dividend model, so many people participated in the subscription:

As you can see, the subscription price is 6.55 RMB , but just now 58B officially opened, the opening price was only 0.2 yuan:

It directly broke the issue price by 32 times, and the total trading volume was close to 100 million. It is estimated that it will be difficult for friends who subscribed for 58B to get out of the predicament.

The total amount of funds in the digital currency market is limited now . Why are the platform coins doubling in value? Where does the money come from to support them ?

Dongxiangjun believes that the 58B’s price break is just the beginning, and a wave of platform coin price break may be coming !

Who will be the next 58B?