PMI's rStock Token Hits All-Time High Amid Shift to Smoke-Free Alternatives
Philip Morris International is shifting its focus from traditional combustible cigarettes to smoke-free alternatives like heat-not-burn systems and oral nicotine pouches. This move is reflected in the company's token, rStock, which has seen a market cap of R$449.54. The token has been trading at an all-time high of R$1,002.79, with a 24-hour trading volume of R$2.254K.
The circulating supply of rStock is 0.45, and it has shown significant growth compared to other assets like BTC and ETH. However, the market dominance of rStock remains at 0%. The company's focus on smoke-free alternatives may be driving interest in its token, but it's essential to note that investing in cryptocurrencies carries risks.