RE: 1 Month Market Cap Analysis

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1 Month Market Cap Analysis

in cryptocurrency •  7 years ago 

I think 600 billion by end of year is possible, but I see this as a best case scenario. If you look at your chart market cap growth has stalled for some time after doubling. I think growth will start again but we may have to wait for the market to fully digest the last increase in market cap.

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  ·  7 years ago (edited)

The market needs to recover from this crazy ICO phase we are witnessing. I feel like the bancor and status ICO definitely put unnecessary strains on the ETH network which ultimately hurt the whole crypto market.
http://www.coindesk.com/ico-blues-status-raises-58-million-leaves-buyers-waiting/