Dom Kwok to XRP Army: Why Are Prices Down Despite So Much Bullish News
Photo: Times Tabloid
Crypto prices can fall even when the industry announces new partnerships and makes progress in blockchain development. EasyA co-founder Dom Kwok explains that this comes down to the gap between what investors expect crypto to achieve in the future and what the technology can actually deliver in the present. In a post on X, Kwok said the market is not pricing cryptocurrencies based solely on their present utility. Instead, investors are speculating on what blockchain technology could accomplish in the future. He believes this explains why crypto prices can continue to fall even when the industry makes positive progress.
Source: Times Tabloid
