Last night, CoinMarketCap placed altcoin Toilet Paper Token at the top of its rating for crypto assets. At the same time, in the column showing the approximate number of tokens in circulation, the coin ranking website set “out of stock”status.
The fictional story of the creation of the token, the principles of its purchase and application, also appeared on the CoinMarketCap blog. The blog post notes that the world used 10 billion rolls of toilet paper a month back in November 2019, but that number has shot up to 15 billion rolls in February 2020 due to the coronavirus outbreak.
The April Fool’s joke has been criticized by crypto community members. Entrepreneur Keith Wareing tweeted: “Can’t help but wonder if @CoinMarketCap seeded a rumour about selling to @binance for $400m just to get eyes on their corona virus themed April fools gag.Too soon guys, people are dying, stadiums are being converted to hospitals and the dead are in ice rink morgues”
As a reminder, few days previously, it was reported that Binance is at the final stage of negotiations on CoinMarketCap purchase. It is expected that the transaction information will be announced as early as this week.