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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 crypto 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.
At the time of writing in January 2018, there are two upcoming changes that might affect PAC.
If the PAC whitepaper fills you with confidence in the coin’s future, it might be worth buying. Or you might even get in sooner while it’s still worth relatively little, being mindful of the upcoming coin swap.
There are some things to watch out for in the coming months:
Nothing is guaranteed. If you have confidence in the community and the developers, and you're a risk-taker, you may decide that buying PAC Coin before the changes might turn into a bargain. Make sure you undertake thorough research before you act.
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