Elongate Crypto: Don't Fall for This Costly Gimmick
Elongate is a new cryptocurrency that incorporate charitable giving into its design, the first of its kind.
The creators of Elongate say 1% of the weekly transaction volume will be donated to charity each week.
They’ve already boasted that they’ve sent $750,000 to non-profits like Action Against Hunger and The Ocean Cleanup.
Of course, incorporating Elon Musk’s joke that “If there’s ever a scandal about me, *please* call it Elongate,” has helped its initial popularity too.
But does that mean you should buy it? Almost certainly not.
Tags: cryptocurrencies
The post Elongate Crypto: Don’t Fall for This Costly Gimmick appeared first on Money Morning – We Make Investing Profitable.
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