Post
Topic
Board Economics
Re: Possible market crash in the near future?
by
Anguwa
on 10/12/2021, 15:29:08 UTC
There are (as of  now) 14029 cryptocurrencies listed in coinmarketcap.com.
A case has been made (repeatedly) for  the existence of a bubble in the cryptocurrency market.
Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Do you mean that too much or higher number of crypto tokens listed in coinmarketcap or any crypto exchanges makes the market crashes?, I think it's makes it more competitive, that those project that are not strong enough will look for more investors so that the project will not be let down completely. And also the market volume will keep rising day by day, moreover I believe if bitcoin price will be well OK high number of tokens will not crash market.