ICO-projects ceased to sell Ethereum. The volume has decreased to 30 thousand per month ETH

Date:

2019-02-25 15:00:10

Views:

109

Rating:

1Like 0Dislike

Share:

According to blockchain data from Santiment for the last 30 days sold only 30 thousand . Earlier the same esters sold daily. This is the lowest figure since last year. Most of the coins sold the company Bancor — 8.5 thousand. Followed SinguralDTV, which managed to sell 4 thousand ETH. And yet most companies prefer to save their money and not to sell them, as he did last year.

Quite recently — in November and December — was sold about 750 thousand ETH. Sales on some days reached 45 thousand. Surprisingly now the trend has changed significantly. At the moment, at the disposal of 2.7 million. While in the past this figure has remained stable due to the market entry of new projects, now the amount has declined.

Sale ETH ICO-projects, February 2019. Source: Santiment.

the

Why the ICO ceased to sell ETH

Difficult to name a definite cause. There is a suspicion that the previous sales have been associated with the diversification of companies. Now that most of the projects have provided a Fiat money, the need for the sales of the crypts is missing. Another reason may lie in the sudden jump of the stock market, in which many coins gained more than 10 percent. There is a suggestion that some of the projects lay the cryptocurrency, not sell them.

See also:

Recall, the Foundation gave developers the opportunity to get paid in DAI. It is likely that these tokens are secured. Instead of direct sale projects lay ETH and get about 1/3 of collateral in the dollar value of the tokens DAI. For example, recently received $ 2 million bail with the help of ETH .

The More data you look at . The current rate of coins can be found in our classroom .

Recommended

Litecoin has broken the level of 60 dollars and could trigger bullrun Bitcoin

over the past three months shows a steady growth. It is also connected with information about possible integration MimbleWimble — privacy Protocol, which is used to Grin and Beam. According to analysts, this trend may provoke the rising trend of Bitc...

Where the potential growth niche cryptocurrency? Reply Tom Lee

Known in the cryptocurrency community for its forecasts prices co-founder of Fundstrat Tom Lee called for the transmission of CNBC Crypto Trader. Along with leading a Ranom Namerom he discussed the issue of the predictions of the courses, and even to...

Binance runs from regulators, but in the end will lose. Report MIT

the world's Largest crypto currency exchange is playing a dangerous game with the regulators. She continues to work as if the market is still bullish, that is, including increasing the capitalization at the expense of ICO. The experts at MIT believe ...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Fiasco banker: JPM Coin compared with a wet noodle

Analyst Max Keiser was one of the first openly spoke against Jamie Daimon and JPM new stablon Coin. In his opinion, the announcement of a centralized cryptocurrency from one of the leading investment banks in the US was the reason...

Bitcoin has fallen below $ 4,000. The crypto currency exchange barely sustain the influx of traders

Yesterday, the stock market ended the hopes of players in the market on the continued global growth . After a big jump the main cryptocurrency on Saturday it had fallen by almost 10 percent the next day. Such intense events during...

Pantera Capital: the fundamentals of Bitcoin today is very strong

Just over a year ago, the market capitalization for the whole cryptocurrency industry exceeded $ 800 billion, but has since fell more than 80 percent. Today the figure is 141 billion. Such a protracted bear market received a separ...