Crypto FOMO Is About To Reach Epic Proportions

This year its price has already risen fromWhat’s different this time?per coin in late 2017 was based on hype and speculation which is why it quickly sank 80% a year later. In 2019 we’re seeing a dramatic rise once again, but this time I believe it’s based on real product development coming to market from some of the largest companies in the world. As evidence, my company spent most of 2018 developing a self-trading platform and is currently experiencing record-high transaction volumes.

Here are the key reasons that are driving cryptocurrency prices upward and will send FOMO to all-time highs:Consumer interest and hype was what drove bitcoin’s price to all-time highs in late 2017. When bitcoin first passed $10,000 on November 30, 2017, search volume from consumerBitcoin passed $10,000 again this July, for the first time since 2017, but consumers are displaying relatively little interest, and search levels are down significantly .

increased coverage by the media will again cause Google searches to flourish, consumers to jump back in and prices to propel upward.Facebook officially announced it will be launching a new cryptocurrency, called Libra, by Q1 2020, with testing expected to start in late 2019. Facebook remains one of the largest companies in the world, with 2.7 billion active users across Whatsapp, Facebook and Instagram, and its new coin would be accessible to the users of these platforms.

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