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Altcoin Discussion
Re: There will be many tokens that go to zero.
by
edisystem
on
19/03/2019, 03:21:35 UTC
Quote from: MoonCoins on February 14, 2019, 09:00:03 AM
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.
Not surprised with that. I mean, there so many airdrops and useless ICO out there and they can easily listed the coins on dex exchange.
Most of them also have under 1 dollar price per token and with little volume trade.