Crypto-currency; is the market sane again?

in crypto •  6 years ago 

So for the last 2 years, pretty much everything in crypto has been insane hype, the ICO craze sent valuations of non-existent projects through the roof. Then it was bear season and everything was overvalued and had to drop in price, no matter what the news was.

But all of a sudden, Im seeing real news = price move

Capture.JPG

You can understand that chart better, by referring back to my post here https://steemit.com/solarcoin/@scalextrix/sma-launches-full-support-for-solarcoin-260-000-potential-new-users

Yup, a few weeks ago, some good news comes out, and then the price starts rising, amazing! Its almost as if people are buying coins based on what they are actually worth!

Crazy times indeed.

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The only sane markets are the markets of the sciences. Not easy to sell an H to an O if demand is already met =p