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ForkLog Hub resident Pavel Gromov, also known as the “Chief by crypto”, tells about the PlusToken pyramid laundering scheme and the impact of massive sales on the price of the first cryptocurrency. In the light of the current collapse and movements on PlusToken wallets, the topic is extremely relevant.

Since the end of December, and even a little prior to that, Bitcoin has been on a tear away as its price ticked off major milestones along the way. Crossing the $20,000 barrier seemed to unleash the coin’s potential as it rose in price to all time highs of $42,000.

Following the $ 20,000 mark, bitcoin set a new record today, with the largest of the digital currencies surpassing the $ 23,000 barrier for the first time. Despite the impressive profits, analysts and market players predict room for even greater profits.