Three types of cryptocurrencies that have fallen in price in 2018

1. BitConnect

BitConnect (short for BCC), is an open source crypto community platform. bitconnect was launched in February 2016 and is one of the most successful cryptocurrencies before 2018. The price of BitConnect to USD was originally quite steady and it hit the historical high of $509.99 on Dec 18, 2017. And then the price fluctuation was with a declining curve. The current BitConnect price is 1.03 US dollars. You can see from the pricecharting that how big the decline in bitconnect prices is.

 

Why does the price of bitconnect begin to drop sharply this year? An Indonesian company named BitConnect ceased operations and disclosed that it was in fact only a Ponzi scheme. The company has let thousands of people lose everything they have.

 

2.b3coin

B3 is a decentralized, transparent, open source blockchain that provides fast, reliable, and secure transactions across large user networks.

B3Coin price to USD hit the highest 0.107808 USD on Jan 15th, 2018. From that time on, the price fluctuated to go down. On Mar 9th, 2018, the price dramatically went up and then down at the same date.In the past seven days, B3Coin fell 0.2% against the U.S. dollar. The current kb3 price is $0.008439.

Overall, b3 coin price plummeted from almost 2018, and there has been almost no rebound in the past few months. If the price of b3coin is to be reversed and picked up, I think it must take some effective measures or seek new development in some new domains, like IOTA, it’s development  in the automotive industry will, to some extent, help improve the iota value. However, b3coin does not seem to have such a performance. So I guess it is unlikely that b3coin will counterattack in the second half of the year.

 

3.Oyster

oyster pearl is a system designed to solve the deadlock between advertisers and ad blockers. This is achieved by authorizing the website to generate revenue through the use of a single line of code specific to the platform. The initial value of its token PRL at the end of last year was $0.032.

 

On January 7, 2018, the oyster dollar price peaked at 4.85 U.S. dollars and has been fluctuating since then(almost in 2018), with a general downward trend. The current prl price is $0.687919. Although the decline is far less than Bitconnect, the decline is not small, and there is no sign of recovery.