Meme Tokens to Withstand the Bear Market History – RoboApe (RBA) and Floki Inu (FLOKI)
With the cryptocurrency market, users have multiple choices regarding all their purchasing options.
With the cryptocurrency market, users have multiple choices regarding all their purchasing options.
The 2022 cryptocurrency market crash left investors waiting and anticipating the next viable digital asset.
As CoinGecko reports, stablecoins market capitalization stood at $20,727,163,727. The success of the stablecoin industry is an indication of the growing crypto market in relation to the fiat currencies.
P2P Exchange CryptoLocally has added TRON (TRX) to their site allowing users to buy and sell tokens using fiat currency. Now this cryptocurrency marketplace supports in total nine cryptos.
It seems like the crypto community is not scared by the latest bitcoin sell-off, with major investor Tim Draper predicting transition to cryptocurrency in the near future.
While the crypto market is affected by the bearish trend, VC Fred Wilson insists that now it is a good time to purchase digital assets.
Analysts point of that the lack of correlation between traditional markets and the crypto market doesn’t necessarily mean that they are inversely related.
The Bloomberg report notes that institutional investors have already started chipping in the crypto market through OTC trades.
The latest ETH price drop is the result of a market-wide correction as all the top twenty altcoins lost nearly 5-10%, taking overall market cap below $200 billion.
Ethereum sank as much as 15 percent and Bitcoin fell almost 7 percent to a three-week low in a few hours. However, the decision made by Goldman Sachs is likely to be only temporary and may be revised in the near future.