CEO of Kraken says, “Cryptocurrency Market will reach $1 Trillion Valuation in 2018” whereas CEO of World’s third largest Cryptocurrency ‘Ripple’ Warns cryptocurrency values could drop to 0 in price
The cryptocurrency market seems to be really unpredictable looking at the recent statics of Dec2017 to Feb2018, Drastic price drop encountered by the whole cryptocurrency market.
In a Recent Statement, Jesse Powell, founder, and CEO of Kraken said that the cryptocurrency market would likely to witness an “acceleration” of growth — after a prickly evacuation in recent weeks. He said – “You’ve got a lot more kids graduating from crypto programs at universities now. I think we’re just going to see it continue exponentially from here.”
Kraken CEO: The whole cryptocurrency market will reach a total value of $1 trillion in 2018, according to the chief executive of one of the top crypto exchange.
Recently a number of countries introduced rules to regulate cryptocurrency, which directly affected the market and became the reason of price drop of cryptocurrency market.
Meanwhile, In a recent “Technology and Internet Conference”, CEO of Ripple Garlinghouse expressed his concerns towards cryptocurrency price plunge said he does not think all cryptocurrencies will survive.
After Bitcoin’s dramatic price plunge from a record high of nearly $15,000 to now under $7,000. Brad said he believes “most” cryptocurrencies will eventually fail to keep their value.
However, cryptocurrency admirers create the impression to be mostly positive about cryptocurrencies and will remain supporting cryptocurrency and its development.