Central African Republic: Sangocoin facing market backlash


The legal vagueness that reigns around the Central African “national” cryptocurrency did not allow it to succeed in its first listing. Organized on Monday July 25 at 5 p.m. GMT, the listing of Sangocoin was coldly received by investors wary of a state cryptocurrency and largely warned by the misadventures of the unfortunate Salvador, a state which has lost billions of dollars of its invested reserves. recklessly into bitcoin. Thus, of the 210 million Sango coins put on the market for 30 Days at a price of $0.10 expected to evolve to $0.37, only 6% had been sold on Tuesday at 11