RISC-V is the new buzzword in the world of crypto. It is an all-new meme-coin that has been making headlines since Sunday. The coin has increased in value by 300% over the last 24 hours. This is certainly capturing the attention of investors worldwide. Many investors are looking to bank on the trend wave to make some money.
RISC-V gained popularity due to the efforts of ETH co-founder Vitalik Buterin. In a lengthy blog post, Vitalik proposed to replace the Ethereum Virtual Machine, or EVM, with the all-new RISC-V. This sent shockwaves across the landscape. This single observation sparked a heated discussion.
According to CoinMarketCap data, this memecoin is currently trading at $0.000213, with a 337% year-to-date (YTD) uptrend. However, the token lacks any real traction due to low trading volumes. Given that the token was just released a day ago, it is interesting to see it grow so quickly.
Vitalik is one of the most prominent voices in the industry. Therefore, for him to suggest that RSIC-V is supposed to be big. Although Vitalik believes the new token has great potential, it is too soon to assess its value yet. However, the fear-greed ratio of the token seems legitimate and positive.
Hence, only time can reveal what is about to unfold.
