By now, most involved in the cryptocurrency world, have already heard that the Paradex Exchange has been acquired by Coinbase. The Paradex Exchange runs its trading platform using the 0x protocol, but does not use the 0x token to collect fees.
Nonetheless, this recent news in the crypto-world has caused the 0x token to shoot up in price today. This is nothing new or surprising. Any bit of positive news on a coin or token can cause a short trip to the moon, and usually back down to Earth after pumping hard for a bit. This will likely happen with the 0x token once all the hype and excitement is over.
The thing to do is to stay vigilant and try to catch the next new ride up to the moon. This is not an easy thing to do, especially with so many new coins, tokens and projects taking placing in the crypto-currency/blockchain space. Yet, someone was able to filter all the clutter and noise, and was able to accurately predict todays annoucement.
Almost 6 months ago, a Twitter user, @ysgjay, called out the Coinbase acquisition of Paradex. Well he didn't exactly come out saying it but he sure surmised that something like this was very likely happening. This same user also has a Steemit account, @young-elder, that he hasn't used in a little while. It would be great to get this person back on the Steemit platform discussing his ideas of the happenings in this current phase of the crypto-world.
What would you have done differently had you known about this tweet six months ago?
Can someone with a Twitter account send this person a message that Steemit awaits their next posting?
Full Steem Ahead!
