Bitcoin, which continues to be the most valuable unit of the crypto money world, lost this title to someone else for a very short time, at least visually. Due to the short-term error in CoinGecko, the world’s most valuable unit appeared as Relevant with a market value of 7 ‘septillion’ dollars.
Cryptocurrency investors have suddenly turned into trillionaires and above due to a small mistake in CoinMarketCap, one of the most popular crypto money platforms, in the past few weeks. After this error, which was fixed in a short time, a similar error is also made today, one of the popular tracking platforms. on CoinGecko seen.
The error seen at 10:20 CEST this morning has caused Bitcoin, the leader of the crypto money world, to no longer be the leader in terms of market value. For Relevant (REL) The market value of the cryptocurrency named coin is a 24-digit number for a very short time. Shown as 7 septillion dollars. The bug was fixed shortly.
Those moments when Bitcoin is dethroned
Bobby Ong, co-founder and CEO of GoinGecko, said in the minutes that the error occurred, “There is a glitch affecting the value of some tokens. We will fix this issue shortly. I hope we never face such problems again.” made a statement. On the other hand, REL, which suddenly reached a septillion dollar market value on CoinGecko, was also in demand with the event. increased its value by up to 20%.
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This is not the first time that Bitcoin has been accidentally dethroned. Due to the bug in CoinMarketCap in the past weeks Wrapped Bitcoin market value also reached quadrillion dollars and dethroned Bitcoin. This error was also fixed in a short time.
Source :
https://cointelegraph.com/news/bitcoin-briefly-dethroned-by-unknown-altcoin-due-to-coinecko-glitch