Aeron team views on state of the cryptocurrency markets

aeron.aero
2 min readJan 26, 2018

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Dear Subscriber,

We would like to share our team’s views and opinions on the state of the cryptocurrency markets.

As you remember, bitcoin made a powerful leap at the end of year 2017 and reached the all time high close to $20k. This was accompanied by a huge infusion of capital into all crypto assets, including altcoins.

We are pleased to note that at such take-off time, among the huge number of altcoins, Aeron project did not go unnoticed.

Aeron (ARN) token, even though at the very early stage of its deployment, reached the significant daily trading volumes. For us, this is a very positive assessment by new and large cryptocurrency market players.

We believe in our business prospects, but it is important and reassuring for us to see the evaluation of professional market participants, and note that our project is evaluated as strong and promising. We are working hard to execute on our roadmap.

At the moment, correction takes place on all cryptocurrency markets. It is estimated that the market has deflated by over $200 billion.

According to estimates of the analysts we have been talking to, it is expected that some $500 billion may be channelled into the crypto assets, pushing bitcoin back to the $20–25k range, and that would also give significant rise to reliable altcoins. The intention of some traditional rating agencies to expand their scope and cover a number of crypto assets would also contribute to the market recovery.

Our team is not experienced in trading an market evaluation, and we remain focused on the development. Yet we believe it is important to share opinions we have been hearing.

With Kind Regards,

Aeron Team

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