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An altcoin called starlink rallied as Elon Musk's company launched 53 internet satellites into orbit
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An altcoin called starlink rallied over the weekend, a day after Elon Musk's SpaceX launched 53 additional internet satellites into orbit.
The price of the coin, whose ticker is starl, peaked at a record high of $0.00008325 on November 14, Sunday, reflecting a 117% rise from November 13, according to CoinMarketCap data. Starlink now ranks 236 with a market capitalization of $682 million.
According to its white paper, the coin aims to be «used as the medium of exchange within the metaverse.» It had a stealth launch with no pre-sale or announcement that indicate when it began trading. However, data on crypto trackers such as CoinMarketCap and CoinGecko indicate it may have started trading around July 2021.
On Saturday, SpaceX
Read more on markets.businessinsider.comAbout this in other media
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