Telecommunications Tokens Are Surging Just Like Stocks

Communication-related tokens have surged over 18 percent in the last week, following in the footsteps of Zoom and other telecommunications stocks.

Increase in the remote workforce

During tumultuous times, investors are eager to find assets that can provide shelter or a hedge from volatility. For many decades, this usually meant either gold or gold mining company stocks, since they tended to have a negative correlation with the rest of the market. Over the last decade, many have been prophesying Bitcoin (BTC) as the “new gold”. During the recent crisis, however, investors have turned to the telecommunication stocks, with some Capital Hill investors ending up in hot water. Read More...

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