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?
Its sad to hear about that. Well, in my point of view, for sure snapchat and other social media like facebook and twitter is also following regulation in their admin. Because of scamming in ICO and cryptocurrency some social mediais not trusting ICO's. for sure, this social media is avoiding to scam their people and more companies is limiting cryptocurrency ads. However, as long as many people and bitcoin users is trusting cryptocurrency and the investors still investing in cryptocurrency we will never be vanish in the internet. Although bitcoin has no guarantee still we need to trust and supoort the crypto world it so it may recover soon.