~snip
The plunge of Mark Zuckerberg as the richest businessman in the world will make crypto progress. But that does not mean it does not cause negative effects. Moreover, Mark Zuckerberg with all the financial resources and high internet technology capabilities can bring a big influence to GlobalCoin. What is very unfortunate is that Mark Zuckerberg does not use the existing blockchain system, so the blockchain that has a low influence on crypto will be difficult to rise. My opinion is that GlobalCoin will compete with the top 10 coins at the moment.
That's true, they created their own blockchain system and it will be hard for a new system to attract investors but consider on the wealth of Mark Zuckerberg, I think he can encourage more investors to come and try their system. This can put a lot of pressure on the top 10 coins but not bitcoin because we still know who started this market and the price of altcoins still depend on bitcoin. Let's read more about the Globalcoin and wait for the Whitepaper from there, we can see a big potential of that coin or its just another utility token who will dump later on.
But I am sure if GlobalCoin is present, they will be able to boost higher prices. They will impose rules to pay for Facebook ads with GlobalCoin. We can see today how many companies use Facebook services to promote their companies. I think GlobalCoin is not in vain. Not to mention the many investors who will join GlobalCoin.