Vibe Coin surges some 400% on Binance listing, enters top 100

A new cryptocurrency gains attention: Vibe. The Vibe Coin jumps by nearly 400% in its value as the Binance exchange, growing in its own merit, decided to include it in its exchange. Trading is available on Vibe against both Bitcoin and Ethereum.

This cryptocurrency, also known as VibeHub is used to create virtual reality hubs and marketplaces. The coins can be used to sell and buy experiences using the Holoportation Technology: capturing visual shows in Volumetric Video, allowing intimate interactions with various performers: artists, instructors and also educators.

Is this another crypto craze? Perhaps. Yesterday, the fallen giant Kodak announced it would venture into the world of the blockchain technology with a “KodakCoin” that will be used for protecting copyrights. The stock more than doubled.

In any case, this meteoric rise of the Vibe Coin brings its market cap to $397 million, which puts it at the 97th place according to CoinMarketCap. It is important to note that the moves are quite wild and a crash may follow the quick rise.

More: Best cryptocurrencies to trade in 2018

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