With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything.
It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?
What are your thoughts?
It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on?
What are your thoughts?
I think Crypto/Blockchain hype is not yet over. The market is just relaxing a bit due to the excessive hype last 2017. Once it bottom and new entries of great project and ideas regarding blockchain tech comes in, we can see another rallies of hype on the market. We just need to wait a bit and see this hype happening when these so called new sets of ideas comes in.
Yeah it's just on sideway and calm condition, i'm sure there will be a time that people are hype again with cryptocurrency and the best thing to right now is preparing for that time by buying as much as we can while the price is still cheap.