Do repost and rate:
A newly formed cyrptocurrency called dubaicoin surged over 1000% after claiming it to be the official cyrptocurrency of dubai.
The coin made by arabianchain technology claimed on may 24th falsely claimed that it is the official cyrptocurrency of west asian currency leading to a sharp rally in the price.
Dubai today officially declined that dubaicoin is not it's official cyrptocurrency and is just a scam to take your money and information.
Arabianchain technology has also washed it's handsoff claiming that the press note in the media circulating is fake, the company said in a tweet on may 26th.
All i wanted to say is don't buy or sell and never invest without seeing the fundamentals or the use of the cyrptocurrency in future.
