The price of iExec RLC (RLC) is up over 58%.
There has been an astonishing increase in the price of iExec RLC crypto over the past few hours. The price of RLC crypto increased by over 58% today, August 11th.
The price of iExec RLC (RLC) rose from $1.03 to $1.63 within a few hours. The price of the RLC coin is currently fluctuating a lot.
iExec is an open source decentralized cloud computing platform similar to centralized cloud computing services such as Microsoft Azure, AWS, and Google Cloud.
People can earn rewards by renting out their computing resources on iExec. iExec is a marketplace where people can rent their computing resources to those who need the resources.
RLC is a cryptocurrency used for all types of transactions on the iExec Marketplace. RLC is an ERC-20 compliant token that can be easily transferred and stored.
iExec RLC (RLC) is not performing well since last year, RLC coin price has dropped a lot since last year.
The RLC coin reached its all-time high price of $15.51 last year on May 10th, yeah, the coin was worth that much.
Last year, at one point, the coin was trading between $9 and $11, but the price drop from that level shocked everyone.
Now, after a massive drop, it looks like the price of iExec RLC (RLC) is on the rise again, but is it reliable?
Should You Invest In It?
Before investing your hard-earned money you should do your best research on the crypto project you decide to invest in.
iExec (RLC) is very volatile crypto. The RLC coin has had a lot of ups and downs over the years.
According to some websites, this coin is a good investment and can be profitable but we recommend that you should not invest in iExec (RLC) as this coin is extremely volatile.
iExex (RLC) is one of the riskiest coins, there are other amazing cryptocurrencies in which you can invest instead and make a decent profit.
Always remember that cryptocurrency is considered to be the riskiest investment asset, invest in it wisely.
[Disclaimer: The content of this article is not intended as financial advice, and should not be construed as such. Neither readaboutcrypto.com nor the author is responsible for any investment decision made by any reader.]