Hey guys,


Reasons :

1) Selling orders ; when 20% of the stocks are exchanged and price all 80% at 1000X the value in one month like for Tron & co , then there are way more people holding HIGHLY PRICED Coins than people willing to buy them (20% vs 80%)

And when the 80% other holders want to benefit from the increase generated via the exchange of a minority of the tokens, boom : fall.

In order words: technical correction.

2) Regulation

3) People losing faith in crypto.

Indeed: Ripple fucked people with token that are not valuable in themselves. All educated cryptoguys know why, do your due dill on google. Tron & Verge & other Coin or even protocolls have fucked people by working differently that described.

Or more recently: MatrixChain RIGGED ICO; in regulated markets, they would go to fail for the reste of their lives.

4) Many tokens in circulation:

Too many competing tokens & protocols/coins are being exchanged right now  in comparison with the real economic impact:

It means that cannibalism rate is high: value come from one to the next, without economic impact to enhance the intrinsiec value to put some price floors.

You are welcome