I am observing the Coin market from last few weeks and the moment market is in decline and every moment all the coins are in decreasing trend even Bitcoin is in between $2400USD ~2600USD but all other coins price are decreased to 30% to 50% and still is decreasing . I don;t under stand the actual situation but in my opinion it is due to
large number of coins through ICO or presale bonus or bounties.and i hope the market will become stable in last week of September as in October maximum ICO will end and the investor will again divert to major coins and no doubt ETH and BTC price will go up which will positive sign of market stability.
What are your opinions?
Lets hope it will soon stable and all investor be happy as maximum investor are in loss and worry about current situation.