Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
invpro
on 18/02/2020, 06:20:54 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.
Much more, almost everything.