What is the cheapest Cryptocurrency
The crypto market keeps witnessing constant updates and the influx of newcomers. These updates come with new projects that have their own Altcoins or tokens as backing. These tokens consist of security or functional roles in the ecosystems of the project and bear value. Since the market setup still comprises of a system of demand and supply, determining price, the value of these tokens is floating and soar in price so easily while after or even before the ICOs, the rest can crash and burn.
Altcoins And Burning
In spite of the promise, most Altcoins do not take long to burn and which causes speculators to rush for the token, buy them after the ICO and sell them immediately in what is called price dumps. But, when it comes to a serious ICO with well implemented decent legal processes and escrows, the token’s growth should be able to enjoy a growth rate that is positive and from six months to a year. That is based on whether the token plays a role and is being demanded. The abundance of ICOs makes it essential to be watching emerging tokens and never miss any opportunities. You can keep watch by simply… Read more “What is the cheapest Cryptocurrency”