AurumCoin recently saw a 5749% hike on CoinMarketCap after trading on an exchange known as Crypto Hub Online was inflated. The price on that bag alone rose to around $ 1780 when prices elsewhere ranged between $ 30 and $ 40.
The currency trading volume was close to $ 6000 for that day. This led a lot to say that this would have been a transaction made by mistake, as the currency had transactions of 0.5 BTC as the last purchase price. This can be seen on the exchange page of Crypto Hub.
As seen on CoinMarketCap, 100% of the currency trading volume came from the same exchange, which further strengthens the theory that it was a transaction made by mistake.  AurumCoin [AU] on CoinMarketCap "width =" 1401 "height =" 1176 "srcset =" https://ambcrypto.com/wp-content/uploads/2018/09/Screenshot_2018-09-01-AurumCoin-AU -price-charts-market-cap-and-other-metrics-CoinMarketCap3-e1535796235982.png 1401w, https://ambcrypto.com/wp-content/uploads/2018/09/Screenshot_2018-09-01-AurumCoin-AU- price-charts-market-cap-and-other-metrics-CoinMarketCap3-e1535796235982-300×252.png 300w, https://ambcrypto.com/wp-content/uploads/2018/09/Screenshot_2018-09-01-AurumCoin-AU -price-charts-market-cap-and-other-metrics-CoinMarketCap3-e1535796235982-768×645.png 768w, https://ambcrypto.com/wp-content/uploads/2018/09/Screenshot_2018-09-01-AurumCoin- AU-price-charts-market-cap-and-other-metrics-CoinMarketCap3-e1535796235982-1024×860.png 1024w "sizes =" (max-width: 1401px) 100vw, 1401px "/>
Users in the exchange chat talked about AUCoin and how he showed trends to be a currency mor ta. This is due to the fact that its blocks have interrupted production. Rasta user said:
"State AU Wallet: blocks locked, block 1092190"
Similarly, Crazy8Ball user on Bitcointalk forums for money said:
"is not real, high diffusion, no volume seems a fat person with fingers and not even a complete value, it is more a deadcoin than no lol."
Fat-fingering a transaction is an & # 39; expression used to denotes people who have sent their funds to the wrong address or have committed a similar error that caused the loss of their funds.
He went on to say:
"In fact I can not even sell this without breaking down the price of cryptopia, which is an even more liquid EC, and not even 0.20 of Aurumcoin on cryptobridge, it is not true besides, the creator / developer has abandoned this coin a year ago "
In particular, a theft of about 1500 AU coins occurred in the last week of August, where about 1500 AU coins were stolen and deposited in cryptophytes, one & rsquo; exchange platform. Subsequently, the coins were sold and converted into BTC, where they were withdrawn to the address 36zgU4Cdf44VTMRCxB9DDpyPTThvs6Uxhg.
In addition, the portfolios have stopped synchronizing for the currency, since the production of blocks has been interrupted. This makes dead money effective, since it is not possible to extract new coins. The currency situation was summarized by the user fapnnap on the BitcoinTalk forums, which stated:
"In any case you can not mine mine, you can not transfer, you can not sync and much of the supply has been stolen for this coin, this will not end well, but it's both funny and sad … oh well."  This also closes opportunities for individuals to arbitrate between Cryptopia and Crypto Hub, since technically it is not possible for coins to move. It is currently in 23rd place on CoinMarketCap with a market capitalization of $ 532 million. By position, it is between OmiseGO and Lisk.