BCGAME - Free 5BTC Daily Bonus!In times when social networks have become powerful means of disseminating information, it is increasingly challenging to separate truth from fiction, especially in the cryptocurrency market.
This time, fake news led many to believe that financial powerhouse BlackRock was set to acquire Voyager Digital, which sent the price of the VGX cryptocurrency up.
This story originated in a single obscure Chinese social media account and later gained traction when it was mentioned on the renowned Associated Press website. Quickly, investors and crypto enthusiasts started acting as if the merger was already confirmed, which propelled the price of the Voyager Digital (VGX) token to trade near $0,1530 for a whopping 25% increase on the week.
At the time of publication, the price of VGX today was quoted at US$0,124474, down 14% in the last 24 hours.
Someone created fake news that BlackRock plans to acquire Voyager Digital to pump tokens. The Associated Press website even published it with paid content. The social media source marked in the press release is a Chinese account with just one fan. VGX gained 8% in the last 24 hours. Said, WuBlockchain
Someone created fake news that BlackRock plans to acquire Voyager Digital to pump tokens. The Associated Press website even published it with paid content. The social media source marked in the press release is a Chinese account with only one fan. VGX has gained 8% in the last 24… pic.twitter.com/ypLSeuTn7r
- Wu Blockchain (@WuBlockchain) September 9, 2023
What is known so far is that, in fact, there is not even a shred of evidence that confirms BlackRock's interest in Voyager Digital. Therefore, everything is just a rumor, perhaps driven by those who wanted to see the VGX token increase in value artificially.
This is a reality that all cryptocurrency enthusiasts must be aware of. News can be misleading, and its rapid dissemination can lead to abrupt market movements.
