Legitimate ICOs will play a huge role in Bitcoin's success. While ICOs have long been, not all were legitimate, which meant that many investors lost interest. However, these new ICOs are likely to affect the Ethereum network, which will increase the demand for its digital currency.
Approximately $ ten to twelve billion will be invested in the cryptocurrency market only this year. It's a huge sum and surpasses many other markets. In fact, it is estimated that this estimate is almost twice as much as the market capital of cryptocurrencies, and this increase in institutional investment suggests that Bitcoin will definitely be good this year.
If you move around in the cryptocurrency market, you will know that the rules surrounding the market are much stricter. Some countries have announced full bans. But this increase in regulation is in fact a good thing for Bitcoin and other cryptocurrencies, because there is a much greater likelihood that investors will trust them.
If you like my post,upvote, follow me and resteem. Thank you for visiting my blog.
