A new analysis has found the market for crypto-currencies has been largely stagnant over the last year, with the price of a single coin fluctuating at between around $500 and $1000 per coin.
In terms of total volume, however, the crypto-currency space has seen its biggest ups and downs in recent years.
On one hand, there are a number of very exciting new coins out there, and there are some solid offerings in the space that are being mined by many large players.
But the main players in the crypto space have been in an extremely turbulent market, with new tokens being issued on a regular basis and rising price spikes hitting a lot of existing players hard.
To put this into perspective, the price is currently around $3,000 per coin, and a large part of this price is driven by the rapid rise in value of Ethereum, which was released in 2016 and saw a large price spike in 2017.
While there are many reasons for this, one of the biggest reasons is that many of the new coins released during the first half of 2018 were not created by the large holders of the crypto coins, but by smaller players, and some of these smaller players have now entered the crypto market as well.
The recent rally in the price for Ethereum is probably one of this trend, as it seems that the cryptocurrency has been able to catch up with the value of Bitcoin and Ripple, two other altcoins that were launched in the same year.
However, the reason for this price spike is the continued development of the Ethereum network, which has seen a number new smart contracts implemented.
Although it is not yet clear how many tokens these new smart contract will be issued for, the smart contract market is now in the early stages, and it could be some time before these smart contracts are widely used.
This could mean that a large number of new tokens will be released and these tokens could see significant value spikes as a result.
Additionally, there have been a number cases of companies issuing a significant amount of ether to raise money through ICOs.
If there are too many tokens issued for a large pool to be able to keep up with demand, the market could quickly explode and price could spike beyond the current level.
Cryptocurrency is definitely a new area, and although the price has been on the rise in recent months, the demand and volume of new coins will only increase as more and more players enter the market.
For more information about crypto-assets, including cryptocurrency prices and how to trade them, read our latest article here: Crypto-assets in 2018, the Crypto-markets and the market’s future.
