Post
Topic
Board Altcoin Discussion
Re: There will be many tokens that go to zero.
by
sandra_x
on 03/03/2019, 10:56:50 UTC
ICO experienced a boom at the end of 2017 - early 2018, which was followed by failure when prices dropped and state and federal regulators cracked down on projects that were in conflict with securities law.
https://cointelegraph.com/news/most-digital-tokens-will-go-to-zero-says-digital-currency-group-ceo

The majority of digital tokens will not have long-term value.
The drop in the price of many tokens( to a zero or near zero value) are more of failure to deliver value rather than the effect of the crackdown by government. Many are really of zero value as they are driven only by speculations,meaning they will only thrive when there is excess money in the system( as we had in the bull of 2017), no viable product or service provision.