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Investors invest billions in new crypto coins – Investors Invest Billions in New Crypto coins

The big crypto coin hype is over. Bitcoin, for example, is currently worth around $ 4,000 and thus over $ 13,000 from its all-time high from December 2017. On the other hand, kyptocurrencies continue to exercise a high attraction for investors. According to Coindesk , a total of around $ 5.4 billion came together at so-called initial coin offerings (ICO), there are more than $ 16 billion in the first seven months of the current year. An ICO works similarly to the IPO of a company – just units of a digital currency are sold to investors instead of shares.

The big crypto coin hype is over. The Bitcoin, For Example, is a Currently Worthy Around 4,000 US dollars and Thus over 13,000 US dollars away from it all-time high of December 2017. On the other hand, kypto currencies continue to exert a strong attraction on investors. According to Coindesk , While in 2017 A Total of Around 5.4 Billion Us Dollars Were Collected In So-Called Initial Coin Offerings (ICO), In The First Seven Months of the Current Year the Figure Had Already Risen 16 Billion Us Dollars. An ICO Works in a Similar Way to the Ipo of a Company – Only Instead of Shares, Units of a Digital Currency Are Sold to Investors.

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