Review on MorCrypto Coin by Japheth Ayuba
The end of the exchange came the end of the utility token
Morcrypto coin is the utility token of the Morcrypto exchange platform. Following the absenteeism of the exchange from the market scene came also the end of the project utility which was basically confined to the parent exchange. Today, the Morcrypto coin still has a value of around 2 cents with no volume recorded. I believe though that if the exchange is to finally come back online, so also will the token and it's utility plus price.
For now it's not advisable to buy the token as it can't be used for anything, except maybe if you want to use it to make transfers but with no ways to convert those to cash, it's most likely useless. Let's stay on the sidelines and see what comes of the utility token of the Morcrypto exchange platform.
Pros
- Resuscitation of its parent exchange might culminate into the revival of the utility token
Cons
- As the utility token of the Morcrypto exchange, it's death is also associated with the platform
- There is no volume or use for the token as its parent exchange is un-utilizable
