Crypto Winter or Crypto Ice Age?
1- The markets have been rough for the past year, people are calling it #CryptoWinter but could we be about to enter the #Crypto Ice Age?
1- The markets have been rough for the past year, people are calling it #CryptoWinter but could we be about to enter the #Crypto Ice Age?
2- In the past year, the #crypto market has been extremely bearish and boring. The market has been battered by wars, laws and CEOs with ill intentions, but still, the powers of Decentralised Finance (#DeFi) stand STRONG!
3- Is it possible the markets could get worse?
Well with current market conditions outside of #cryptocurrencies, the sentiment seems to be worsening. Inflation rates are increasing and a recession is supposedly on its way.
Well with current market conditions outside of #cryptocurrencies, the sentiment seems to be worsening. Inflation rates are increasing and a recession is supposedly on its way.
4- Within the #crypto space, the year 2022 has been rough. Two historical crashes took place.
The #Terra $LUNA/$LUNC crash wiped out $60 billion of investors' money and #FTX has been accused of stealing $1.8B from its users.
The #Terra $LUNA/$LUNC crash wiped out $60 billion of investors' money and #FTX has been accused of stealing $1.8B from its users.
5- The #Crypto market has lost over $2 trillion in value since November 2021 and we are currently sitting at a total market cap of $872+ Billion.
2023/2024 is forecasted to be very rough for all financial markets.
2023/2024 is forecasted to be very rough for all financial markets.
6- 2/3 years in #Web3/#crypto, is like 20/30 years in real life. The #crypto space moves so fast and is extremely volatile, meaning the #CryptoWinter we've been living in, could actually be the beginning of the #CryptoIceAge!
7- Over the next few years, we're going to see many big changes...
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