The main trends in the cryptocurrency market

The cryptocurrency market is subject to constant changes, but it is possible to distinguish the main trends. Today we will talk about these trends. The main tendency at the moment is the growing interest in cryptocurrency in all spheres. We can observe this both in the sphere of state regulation of the status of cryptocurrency and in the interest of small and medium-sized businesses. Not so long ago, major market players began to show interest. According to the head of hedge fund “Pantera Capital” Dan Morehead, the capitalization of the cryptocurrency market will reach $40 trillion. This statement looks quite reasonable. We all remember the fall of the bitcoin rate to $6,560 on April 1, 2018. Just within a month, the cryptocurrency experienced a steady growth and today its price is $9,298. Similar growth is seen in the rates of other cryptocurrencies. In particular, such altcoin as Ethereum literally grew up on 80% and its price today is $681. Most clearly demonstrated the growth of rate the token EOS, which is best experienced long-term correction of the first quarter of 2018. During the month, the cryptocurrency grew from ~ $ 6 to ~ $19, and its capitalization exceeded $15.4 billion, which allowed it to move Litecoin from the fifth place in the capitalization rating. The total capitalization of the cryptocurrency market is $422 billion as of April 28, 2018.
There is also an increase in the popularity of ICO as a way to attract investment. Since the beginning of 2018, 195 projects have been launched to date and this number will undoubtedly grow. The total number of attracted investments amounted to $6,175,256,332.
During the first quarter of 2018, the Pre-ICO of the MONETO project started, which will last a month from April 17 to may 17. Now is the second week of pre-sale and investors are given a discount of 15%. We invite all wishing to take part in our Pre-ICO.