We would like to provide a comprehensive update regarding recent developments and market fluctuations.
Over the past 24 hours, the price of $BCCOIN experienced a temporary drop of up to 30%, followed by a recovery. This volatility occurred with a trading volume exceeding $15 million.
The primary reason for this short-term fluctuation was our decision to withdraw from negotiations with a bank we were initially planning to establish a strategic partnership with. As we did not reach an agreement in the final stages of the discussions, we chose to step back from the deal. As a result, we faced significant selling pressure, likely from investors linked to the bank, despite the strong marketing campaigns we had in place. Despite our efforts to support the price with buybacks, the trading volume was so high that we were unable to fully stabilize the market.
However, we have exciting news: Today, we finalized a new agreement with a bank that is three times stronger than the previous one. Additionally, we have successfully secured a partnership with Mastercard, alongside our existing Visa partnership. Thanks to this new collaboration, we have also managed to reduce our card management costs by 90%.
This coming Wednesday, we will officially announce this significant new partnership. We believe this agreement will have a profound positive impact on our future services, making our offerings broader and more efficient.
Thank you for your continued support and trust. The future of BlackCardCoin looks stronger than ever, and we look forward to continuing this journey with you.
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New_Coin
· 2024-08-09 21:40
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#BCCOIN Official BlackCardCoin Announcement
Dear BlackCardCoin Community,
We would like to provide a comprehensive update regarding recent developments and market fluctuations.
Over the past 24 hours, the price of $BCCOIN experienced a temporary drop of up to 30%, followed by a recovery. This volatility occurred with a trading volume exceeding $15 million.
The primary reason for this short-term fluctuation was our decision to withdraw from negotiations with a bank we were initially planning to establish a strategic partnership with. As we did not reach an agreement in the final stages of the discussions, we chose to step back from the deal. As a result, we faced significant selling pressure, likely from investors linked to the bank, despite the strong marketing campaigns we had in place. Despite our efforts to support the price with buybacks, the trading volume was so high that we were unable to fully stabilize the market.
However, we have exciting news: Today, we finalized a new agreement with a bank that is three times stronger than the previous one. Additionally, we have successfully secured a partnership with Mastercard, alongside our existing Visa partnership. Thanks to this new collaboration, we have also managed to reduce our card management costs by 90%.
This coming Wednesday, we will officially announce this significant new partnership. We believe this agreement will have a profound positive impact on our future services, making our offerings broader and more efficient.
Thank you for your continued support and trust. The future of BlackCardCoin looks stronger than ever, and we look forward to continuing this journey with you.
Best regards,
The BlackCardCoin Team