Speculators push price of testnet ether on Goerli network to $1.60
The price of testnet ether on the Goerli testnet spiked to $1.60 on Feb. 25 as traders speculated on a token that's supposed to be worthless.Last week, cross-chain platform LayerZero created a way for Goerli's testnet ether to be traded and swapped between the Ethereum mainnet and the Goerli testnet.
The idea was to create a way for developers to buy testnet ether in a more convenient way than the traditional approach of using faucets or asking the testnet's developers for coins. Still, critics warned that monetizing the native currency of a testnet — which is designed to have no value, allowing the network to support pre-production testing — would render it less suitable for its main purpose. The token traded around $0.15 at the end of last week but rose to a peak of $1.60 Saturday. Since then the token has traded downward, but still retains a value of about $0.37.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
