EthereumMax trending, occupying eighth place on CoinMarketCap’s cryptocurrency list after Floyd Mayweather and Logan Paul boxing match
The ERC20 token EthereumMax (EMAX) is trending at press time, ranking No. 8 on CoinMarketCap’s list of cryptocurrencies thanks to interest generated by a boxing match between Floyd Mayweather and Logan Paul.
What happened
The show battle between boxing legend Mayweather and the very famous Paul on YouTube lasted eight rounds without an official winner.
During the confrontation, Mayweather’s clothes were emblazoned with the EthereumMax logo and a link to the project’s website. According to its website, EMAX is also a cryptocurrency dedicated to buying tickets for online events.
After a 24-hour tracking period, DOGE was trading down 1% at $0.0000002176 at press time. The newly launched token has surged 1,900% since May 28.
After the 24-hour tracking period, EMAX traded down 1.5% and 4.2% against Bitcoin (BTC) and Ethereum (ETH), respectively.
At press time, BTC was up 1.59% at $36,492.23, while ETH was up 3.71% at $2,767.92.
because it matters
According to the EthereumMax project website, EMAX is a performance-based token that offers existing holders a 2% distribution per transaction.
The project is also presented in the form of “cultural tokens” that provide exclusive access to sporting events, concerts and more.
A non-fungible token marketplace that will allow users to buy, sell and earn digital collectibles is planned for the third quarter of 2021.
The fight between Mayweather and Paul has given cryptocurrency a lot of publicity, even taking over billboards in Times Square.
Both opponents are controversial, according to independent sources in The New York Times. Mayweather has been convicted several times for domestic abuse and Paul has come under fire for recording YouTube videos in a Japanese forest known for suicides and including a corpse in offensive footage.
Mayweather launched several initial coin offerings during his heyday in 2017. Some people linked to the proposals he promoted were subsequently charged, and some were even convicted of fraud.
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