FBcoin.com closed at $10,000 on DropCatch on Thursday. There has been speculation that Facebook might get into crypto and have their own coin.
The New York Times wrote an article last month titled, “Facebook and Telegram Are Hoping to Succeed Where Bitcoin Failed”
From the article:
The most anticipated but secretive project is underway at Facebook. The company is working on a coin that users of WhatsApp, which Facebook owns, could send to friends and family instantly, said five people briefed on the effort who spoke on the condition of anonymity because of confidentiality agreements.
The Facebook project is far enough along that the social networking giant has held conversations with cryptocurrency exchanges about selling the Facebook coin to consumers, said four people briefed on the negotiations.
So it will be interesting to see if this auction gets paid? If Facebook comes a calling a buys the name for a nice profit to the seller.
