Will Cryptocurrency Recover Again or Not Explained!
No, Bitcoin is just dropped below $7K USD now its really high time because people not getting which will be perfect to time invest or not or is there any chances All Cryptocurrency will recover in April 2018, i think this recovering process takes some time because right now investor busy with newly launched coin because rate of growth is far bigger than top cryptocurrency like Ripple, Bitcoin which result there is no growth in market cap value means there is also no growth in price in top cryptocurrency as only way to get boost in price is pumping and dumping or bubble in top cryptocurrency, which means maker increased prices with huge percentage which attract number of investor then sudden growth in investor will increase market cap value & price also.
Things which can Recover Cryptocurrency
- Increase Total Supply of cryptocurrency
- launch hard fork or new version of cryptocurrency
- launch testnet & main net.
- Pumping or dumping of prices.
- reduce Transaction fees
- increase number of transaction per second.
- increase transaction approval time.
Source: coinmarketcap.com