Following such giants as Facebook, Google and Twitter, Snapchat has officially announced its ban of ICO advertising on its platform.
Twitter is reported to plan to implement the announced ban in the coming weeks. There is no final confirmation, nevertheless, it is said that its ban will be also applied not only to ICOs ads but also it will affect cryptocurrency wallets and exchanges with some exceptions.
Will the price fall again?
It was not unexpected, honestly. This is because of the SEC putting ban on cryptocurrency. Social media is a platform through which they can actually block to stop Crypto being followed. PRG for instance, supports the use of cannabis. If it blocked on social media, the use of cannabis will not be promoted.