Big crypto confusion pumps up Titan coin as IRON’s TITAN token sinks
A massive confusion cooking in the realms of crypto space has propelled a relatively unknown coin to the centre of attraction. Tokens named IRON Titanium Token (TITAN) and Titan Coin (TTN) have been buzzing in the markets over the last two days. The misunderstanding caused by similar trading titles led Titan coin to skyrocket by 900 per cent (8:30 AM EST) on Friday, June 18. On the other, the Titanium token tumbled to almost zero from its all-time high of US$ 65 on Thursday, June 17. Based on decentralized finance (DeFi) protocol, the token grabbed headlines earlier this week after its market cap plunged from US$ 2 billion to near zero within 24 hours due to investors’ panic sell-off. Shark Tank’s Mark Cuban was also ‘hit’ by this sudden crash, which Iron Finance defined as “the world's first large-scale crypto bank run”. However, the billionaire did not reveal his total investment. On the other hand, lesser-known Titan Coin soared to a lifetime high after crypt...