Bitconnect Coin Introduces a Brand New Logo
Bitconnect Coin, a newbie in the cryptocurrency market that has been rising through the ranks, has made an important announcement. The thirteenth largest cryptocurrency of all times in terms of market capitalization is in the midst of a rebranding process.
The cryptocurrency platform took the decision after another online business raised concerns about the similarities between their logos. The company, HubSpot — a leading online marketing and management tools platform sent a letter to the Bitconnect team stating that a portion of the logo clashes with their own, following which the cryptocurrency platform has made some significant changes to it.
As a part of the rebranding exercise, Bitconnect has instructed its members and partners to refrain from using the old logo and to update them to the latest version. From now on, all Bitconnect related marketing and promotional material will carry the new logo.
The cryptocurrency platform has also removed the Bitconnect App from Google Play Store. It will be made available on a later date after resolving all the issues. Bitconnect will update its users once the application is reinstated on to Android app store.
Since its inception in the later part of 2016, Bitconnect Coin has grown huge, outperforming the initial growth trends of both Bitcoin and Ethereum. Recently the cryptocurrency created a new record after touching $130, the highest price in its short history. The rising value of Bitconnect coin is influenced by increasing adoption among the cryptocurrency community as well as the general market trend driven by Bitcoin’s drastic price rise in the recent weeks.
Bitconnect Coin currently enjoys a market capitalization of over $750 million, As the participation in Bitconnect community continues to grow, the cryptocurrency’s value is expected to increase further, touching $1 billion in market cap soon.
With the help of a highly supportive community, Bitconnect Coin aims to become one of the top 10 coins soon.
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