Sprouts Coin: A Good Investment Option?

is sprouts coin any good to invest in

Sprouts (SPRTS) is a cryptocurrency that was first released by its former development team three years ago. It is described as a secure, fast, and green cryptocurrency for everyone. Sprouts is currently not supported by Coinbase, and there is no recent price data available as there is no trading activity at present. However, it has been listed on several blockchain exchanges, including the SWFT Blockchain and the Unnamed Exchange. It is also possible to buy Sprouts on ProBitEx.com.

Characteristics Values
Current Price No recent price data available
Price Change in the Last 24 Hours 100% increase
Price Change in the Last 7 Days 100% increase
Price Change in the Last Hour 100% increase
Supported by Coinbase No
Supported by CoinExchange.io No
Listed on SWFT Blockchain Yes
Listed on Unnamed Exchange Yes
Listed on ProBitEx.com Yes

shunadvice

Sprouts coin price and value

Sprouts coin (SPRTS) is not currently supported by Coinbase. There is also no recent price data for this coin, and it is not being traded on any known exchange markets. However, one source indicates that the price of Sprouts rose by 100% in the past 7 days, and in the last 24 hours.

Sprouts was first released by a former development team three years ago. Its very high Proof-of-Stake reward rate became famous and spread its community. However, the value of the currency continued to be diluted over time, and it is now referred to as a "dead coin".

An unofficial community for Sprouts was started in Japan in 2018 by volunteers who saw great potential in the cryptocurrency. The former team noticed their community activity and granted them the rights to administer and develop Sprouts. The Japanese community has since grown to over 5600 people from an initial number of about 10.

Sprouts is currently listed on the Unnamed Exchange, where the pairs are BTC, ETH, LTC, and Doge. It was previously listed on CoinExchange.io, which has since closed, and SWFT Blockchain, a swap exchange where it can be exchanged for any currency via SWFTC.

Bitcoin Investment: Profitable or Not?

You may want to see also

shunadvice

Exchanges that support Sprouts

Sprouts (SPRTS) is currently listed on several exchanges, including SWFT Blockchain, Unnamed Exchange, ProBitEx.com, BitTrex, Cryptsy, and Cryptopia. However, it is important to note that the availability of Sprouts on these exchanges may vary over time, and some exchanges may no longer support it. For example, CoinExchange.io, which was once a major exchange for Sprouts, has been closed.

When considering investing in Sprouts, it is important to do your own research and diversify your investments. It is also essential to keep in mind that the cryptocurrency market is highly volatile, and the value of Sprouts can fluctuate significantly. As of June 2023, Sprouts was not supported by Coinbase, but interested individuals could sign up to be notified when it becomes available on their exchange.

To buy Sprouts on an exchange, you typically need to follow these steps:

  • Click on the "Buy Sprouts (SPRTS)" button on the exchange.
  • Sign up or log in to the exchange.
  • Check if the exchange supports fiat currency, cryptocurrency, or both.
  • Deposit the supported currency and purchase Sprouts.

Some exchanges, such as Shapeshift and Changelly, do not require an account, and you can directly input the wallet address of the specific coin and purchase it.

It is worth noting that the total trade volume of Sprouts in the last 24 hours is around 0 USD, indicating low trading activity.

shunadvice

Sprouts community

The Sprouts community has seen its fair share of ups and downs. While some community members have expressed positive sentiments about the cryptocurrency, citing its fast transactions and functional wallet, others have labelled it as one of the "worst coins ever" due to its high inflation rate and apparent doom to "slowly die".

Despite these contrasting opinions, the Sprouts community in Japan, which started as an unofficial gathering of volunteers who recognised the coin's potential, has grown significantly. In just three months, the number of community members increased from 10 to over 5,600. This caught the attention of the former development team, who handed over the rights to administer and develop Sprouts to this community.

The community has been working on the revival of Sprouts, incorporating specifications based on Peercoin and testing new wallets. They have also formed a media partnership with the "Nextmoney" Platform for crypto information dissemination and support of Japan-produced crypto projects.

In terms of market performance, Sprouts (SPRTS) has experienced a 100% price increase in the past 24 hours and 7 days, according to Coinbase. However, other sources indicate a lack of recent trading activity and price data for the coin. It is not currently supported on popular exchanges like Coinbase and CoinExchange.io, which has recently closed.

While the Sprouts community appears dedicated to the coin's revival and fostering new possibilities, it is important to approach any investment with caution and conduct thorough research before making any financial decisions.

Square's Bitcoin Investment: A Bold Move

You may want to see also

shunadvice

Sprouts wallet

There is limited information available on the internet about Sprouts (SPRTS) as a cryptocurrency. It is not supported by Coinbase, and there is no information on its price or price changes over the past week or 24 hours. However, one source indicates that its price has risen by 100% in the past 7 days and the last 24 hours.

Sprouts has a wallet available for download. The Sprouts 2.2.2 Wallet was released on March 15, 2017, and is available for Windows. This wallet release corrected several previous bugs and included enhancements such as coin control and a built-in explorer.

shunadvice

Sprouts' future prospects

Sprouts (SPRTS) is a cryptocurrency that was first released by its former development team three years ago. It gained some popularity due to its very high Proof-of-Stake reward rate. However, the value of the currency has been consistently diluted over the years, and it is now considered a "dead coin".

Despite this, there is still some interest in Sprouts. An unofficial community of Sprouts enthusiasts formed in Japan in 2018, and the former team handed over the rights to administer and develop Sprouts to this community. This community has been working on the revival of Sprouts, and has made some progress, such as testing and releasing a new wallet based on Peercoin specifications.

In terms of exchange support, Sprouts is not currently supported by major exchanges like Coinbase. It was previously traded on CoinExchange.io, but that platform has since been closed. Sprouts is currently listed on the Unnamed Exchange, ProBitEx.com, and the SWFT Blockchain, with trading pairs including BTC, ETH, LTC, and Doge.

While Sprouts has seen some positive developments and continues to have an active community, it is important to note that it is not currently being traded on any known exchange markets, and there is no recent price data available due to a lack of trading activity. This lack of liquidity and trading activity could be a significant concern for potential investors.

Overall, while Sprouts may have some potential due to the efforts of its dedicated community, it faces significant challenges and is not currently a viable investment option due to its lack of liquidity and trading activity. However, it is worth keeping an eye on the progress of the community's revival efforts, as there may be future prospects for Sprouts if they are successful in their endeavours.

Frequently asked questions

It is difficult to say whether Sprouts is a good investment or not. While some sources claim that it is \"clearly one of the worst coins in existence\", others have made profits by trading it. Sprouts is not supported by Coinbase and there is no recent price data available, making it a risky investment.

Sprouts is a cryptocurrency that was first released 3 years ago by a former development team. It gained some popularity due to its very high Proof-of-Stake reward rate, but the value of the currency has been diluted over time and it is now considered a \"dead coin\".

Sprouts is not available on major cryptocurrency exchanges like Coinbase. However, it is listed on some smaller exchanges like SWFT Blockchain, Unnamed Exchange, and ProBitEx.com.

Written by
Reviewed by
Share this post
Print
Did this article help you?

Leave a comment