If you are also a crypto investor, then a question must have come in your mind, will there ever be an increase in cryptocurrencies in the coming time? In the last two weeks, the global crypto market has seen a big drop and the prices of almost all major cryptocurrencies have reached the lowest level of 2022. At the same time, the value of Luna, which is counted in the world’s top cryptocurrency, has become almost zero.
Experts are not considering the big fall in the price of cryptocurrencies as the biggest fall so far, they say that there have been many big falls in the crypto market before.
Speaking to business news website Financial Express, Unocoin co-founder Satwik Vishwanath said, “During the last 9 years of operations of our company, we have seen many bearish markets. We can’t say that the current decline is a sign of bearishness in the market, but after every downturn it is seen that the markets recover in the next 2-3 years and I don’t think this time too Something different will happen.”
Tezos India President Om Malviya said, “The fall in the crypto market is not bigger than the fall in 2019. He believes that as soon as the recovery in the global markets starts, the price of cryptocurrencies will also go up sharply.
Dilip Senberg, CEO of MuffinPay, says, “As a crypto optimist, I believe that cryptocurrencies will rise soon. He further said that the big cryptocurrencies will bounce back more quickly than before. At the same time, crypto currency like Ethereum is trying to do something new to make crypto the currency of the future. Crypto is not going to run out that easily.”
Let us tell you, after a sharp decline in cryptocurrencies, once again there is a boom. The world’s largest cryptocurrency bitcoin is trading around 30 thousand dollars. Apart from this, BNB, SRP, Cardano, Solna and Dogecoin have gained up to 9 percent in the last 24 hours.