PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history. This week IMC reached a total of 19,028,319 tokens sold and a reserve or underlying fund of $34,777,399.
The goal of IMC is to reach the end of the year with a value of 2 USD and to continue at this rate seems an achievable goal.
The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed with an audited and public underlying where the money from the sale of the token is entered, but which in turn tries to increase in value to positively impact the price of the coin. In this way, the team considers that both the Stablecoin and Performance Coins public can be interested in and benefit from IMCoin. People who invest in Stablecoins will no longer have to sacrifice profitability for stability and people who invest in cryptocurrencies will no longer have to sacrifice stability for returns.
Start: May 15, 2019 (9:00 AM GMT)
Ends: April 15, 2021 (11:00 a.m. GMT)
Number of tokens for sale: 100,000,000
Initial token price: 1.00 USD
Current token price: $1.83 (updated based on underlying)
January 2021 projected price: $2.00
Token currently sold: 19,028,319
Minimum purchase amount: 100 IMC
Fondo de reserva auditor externo: https://www.fxblue.com/users/imcoin
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