Jesse Powell shared an optimistic forecast.
According to the CEO of Kraken, Jess Powell, in the remaining months of the year 2018, the Crypto-currencies can retreat from the lows and begin to move to new highs.
In the crypto industry there are many companies, many people are involved in business with crypto-currencies, and all this can lead to the market capitalization exceeding 1 trillion dollars this year already, Powell said.
Trillion this year? This is possible
And this despite the fact that some crypto-currencies are falling, because the total market capitalization, it seems, is only increasing in annual terms.
The current aggregate market capitalization of all crypto currencies is currently about 417 billion dollars, but until the recent recession capitalization has reached about 800 billion dollars.
Thus, if the aggregate market capitalization can only rise by 25% of the maximum, it can actually reach 1 trillion dollars.
The main problem of growth of crypto-currency is the problem of regulation. If regulatory problems are not resolved in the near future, the number of traders, as well as investors in crypto-currencies, will decrease.
It is for this reason that it is necessary to use the appropriate regulatory framework, as well as trade mechanisms, writes Smartereum.
Author: Evgenij Novožilov, Analyst Freedman Club Crypto News
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