New cryptocurrency Himalaya Coin hits USD 27 bn valuation soon after launch

'Himalaya Coin' is the new cryptocurrency on the market that reached a valuation of USD 27 billion in less than two weeks after its launch, as its price increased from 10 cents to USD 27. The new cryptocurrency is being promoted on the networks social by no one else. than exiled Chinese billionaire Wengui Guo.

The billionaire appeared in his 'Hcoin to the Moon' music video, where he was seen promoting this cryptocurrency. In the video, Guo is seen smoking a cigar, hanging out on a yacht, and driving a red sports car. Former Donald Trump adviser Steve Bannon was also seen freaking out and said the coin's debut was 'monumental'.

Amid China's growing crackdown on cryptocurrency use, the debut of 'Himalaya Coin' is worth mentioning. What's even more surprising is that the cryptocurrency is being promoted by Guo and Bannon, who have been running a public campaign against the Chinese government for years.

Steve Bannon last week in an interview praised 'Himalaya Coin' and put it in the context of his fight against China. Himalaya Exchange CEO Jesse Brown says 1 billion coins have been issued. That equates to a market value of about $ 27 billion.

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