Cryptocurrency is really a venture investment because you never know what will happen next. I will show you how the price of cryptocurrency has changed overnight with the following two pictures.
Look at the first picture first, it is a picture of the 24-hour trading volume of the top 9 cryptocurrency. The picture shows that the 24-hour trading volume of the top eight currencies have fallen severely yesterday, including bitcoin, ethereum, ripple etc., Among them, Cardano and Steller have even fallen by more than 10%. However, the 24-hour trading volume of the iota cryptocurrency was slightly higher, which made many people speculate that the IOTA may have a counterattack (and there are even some positive iota price prediction came out). If you think so too, then you are wrong.
Let's take a look at picture 2, which immediately overturns your prediction. This picture shows that from yesterday to today, the top eight cryptocurrencies turned upside down in just one day, and the 24-hour trading volume have picked up. Although the rate of recovery is much lower than yesterday's decline, there is at least a tendency to reverse the situation. Looking back at the IOTA, compared with yesterday's slight increase (0.19%), today's decline (3.68%) appears to be very large.
Although IOTA did not counterattack success this time, iota price has been rising steadily from mid-April this year, and the iota market cap is not much less than the steller ranked in front of it. So do you think that IOTA can surpass Steller in 2018 and rank eighth?