PacCoin (PAC), or the People’s Alternative Choice Coin, is a lesser-known coin that’s been sitting since 2015. It experienced rapid inflation during 2017, which might be attributed to generous mining rewards. At the start of 2018, PAC had become one of the cheapest cryptocurrency coins out there, with a relatively large total supply of roughly 3.5 trillion coins and a planned cap of 100 trillion. It has a devoted community that hopes to see their holdings come to fruition and make them rich, believing in its future as an “Internet penny” that lends itself to micro-transactions. PACcoins started to trade at 0.0000$ as of only a couple of days ago. Later on, the coin gained some on its price with a couple of increases that helped the price jump from non-existent to existent. After the latest decrease that made the price drop for over –9%. This decrease led to the current price of 0.000031$, which is still better than having the coin traded at 0$. For now, it remains uncertain what will happen with PACcoin and how well this coin will perform after being re-launched three weeks from now. For now, we strongly advise to give this token a thought and consider investing – the price is still too low, so even if the coin drops again, you won’t be losing much money.
Elitium is building products that will power a shifting economy, connecting the old world to the new. Digital solutions that solve problems related to currency, to finance, to how people enjoy their everyday lives: what we are building is an ecosystem spanning digital investments and digital luxuries that will alter expectations around what currency can do. A digital currency you can hold, spend, invest: and it affords you the freedom to explore.