RATE Group | This Cryptocurrency Is Up 11310% in a Week. Legit Scam or Just Legit?
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This Cryptocurrency Is Up 11310% in a Week. Legit Scam or Just Legit?

27 Nov This Cryptocurrency Is Up 11310% in a Week. Legit Scam or Just Legit?

Posted at 00:47h in Cryptocurrency News by

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  • Storeum (STO) gains over 11000% out of nowhere.
  • What is this enigmatic project?
  • Another day another pump and dump.

While the rest of the crypto market slowly bleeds away, one cryptocurrency – dubbed Storeum – has sprung out of nowhere, citing improbable gains. But what is this cryptocurrency, how did it get here, and is it a scam?

Recently, Coinmarketcap (CMC) has been a fairly dire, mournful reminder of the recent carnage witnessed within the cryptocurrency markets. Various charts, strewn with squiggly lines pointing downward, depicting prices that are more in keeping with the mid-bear market of 2018. Nevertheless, one outlier remains. Poking its unfamiliar little head above the rest is Storeum (STO).

A Steep Climb for Storeum

In the past week, the cryptocurrency has seen ungodly gains of approximately 11310%. Over the last 24 hours alone, STO cites a 333% hike.

According to a historical snapshot of CMC taken on 10 November, Storeum was little more than a spec of dust in the grand…

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