I have also read this news on coin telegraph and I don’t think they are yet set to take this action, they are just rumors we have been hearing about these projects and until the come our openly to talk on it before we can accept it to be true.

That aside, I think they will also play a very big role in boosting the marketcap of cryptocurrency, although their coin will probably come inform of a utility coin for their internal operation and I see most of these companies, like Facebook, Samsung, Nike and others if they eventually join the crypto space making their coins a stable coin. So I still cannot factor if their existence in crypto space will have any positive effect on us.