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What are the potential counterfeit coins for investment

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What are the potential counterfeit coins for investment

What are the counterfeit coins for investment? According to coinmarketcap data, in the bull market in 2017, the total market value of Cryptocurrency reached $4 trillion. So far, the market size of Bitcoin is only around $30 million, accounting for less than 15% of the entire market. Some well-known institutions have announced that they can participate in the crypto market, including Wall Street investment banks such as Grayscale and Goldman Sachs, as well as hedge fund leaders, who are actively monitoring the development of these assets

Potential shanzhai coins

According to Coincryptorama, the prices of Bitcoin and Ethereum have increased in the past month. According to Bitstamp’s data statistics, the price of BTC increased by over 20% between January and September 2017. From the end of 2017 to the beginning of 2018, Bitcoin increased from $9000 to over $13000. But it’s only a matter of time. Nevertheless, some counterfeit coins have not shown much potential. At the beginning of May 2018, the price of ETH was $140; Since the beginning of 2019, its price has fallen by nearly 60%.

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