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?
Nobody can guess how the price will react, but I wouldn't be too concerned about Snapchat cancelling ads... it's hardly the hot spot for ICO investors... I dodn't even know they had ads lol.
If Facebook and and Google's ban doesn't hurt the price too bad then I really wouldn't bat an euelid over SnapChat.