Guest post by DEScrow team
While all eyes of the financial and economic world are focused on the growth of bitcoin, the rapid rise of the ether has been left a bit aside. Analysts believe that the reason for such a fast take-off is the excitement around the ICOs.
Recently, the cost of ETH exceeded the $ 500 for the first time in history. Since then, a correction took place, and now its course is around $ 450, but even this figure is extremely impressive after all. In addition to direct correlation with the bitcoin growth, the rapid rise of ether is due to the ICO hype, most of which are being launched exactly on the Ethereum blockchain. Coinschedule recently published statistics, according to which ETH has grown by almost 5000% in 2017, and 3.6 billion $ was invested in the ICOs.
The vast majority of these projects are based on the Ethereum network, and because of investors need in this cryptocurrency, the demand for it pushes the price up. And as long as traders and investors are betting will it stop at its present achievements or not, Mike Novogratz predicts a tripling of ETH value against the current price. In any case, it is clear that the ICOs field is becoming more and more interesting for investors, and with such platform as Descrow is, their participation in ICOs is no more associated with the risk of money loss and is aimed solely onto success.
In the course of ICO campaign, that will be launched on the 29 of November?#Ethereum #Descrow #ICO #blockchain #bitcoin #cryptocurrency #eth #dash #neo #nem #LTC #BTC pic.twitter.com/hfR6aTI4y2
— Descrow (@Descrow3) November 29, 2017
Descrow — the international platform to secure investments.
http://descrow.com/
https://medium.com/@Descrow
https://www.facebook.com/descrow3/
https://twitter.com/Descrow3
I just published “Descrow attended Cryptospace Moscow conference” https://t.co/IZO05cMeKU
— Descrow (@Descrow3) December 9, 2017
If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at [email protected] or on Twitter: @SimonCocking
More about Irish Tech News
Irish Tech News are Ireland’s No. 1 Online Tech Publication and often Ireland’s No.1 Tech Podcast too.
You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news
If you’d like to be featured in an upcoming Podcast email us at [email protected] now to discuss.
Irish Tech News have a range of services available to help promote your business. Why not drop us a line at [email protected] now to find out more about how we can help you reach our audience.
You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.