Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
Miabi
on 17/02/2020, 09:27:11 UTC

Yes, but never reached the initial performance.

During 2018 - 2019 cryptocurrency market falled. It is not recovery yet. Cryptocurrency market is far from the value on the end of 2017.
A token with a real product for which there is a demand does not depend much on the general trend.

All tokens depends from a global trends of cryptocurrency market. When cryptocurrency market falled a price of Ethereum, Ripple, EOS falled even more than the price of Bitcoin.
This happens only with tokens, which are nothing of themselves.

I think that more than 80% of all issued tokens are nothing by themselves and do not have any practical usage.
Yes, the statistics are not very good. But this is all due to the fact that no one is involved in projects. And the EDC team is constantly working on the project, and the community is generally one of the largest.