Some Meme Coin Traders Switch to Crypto All-Stars ICO as Market Continues to Struggle

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Investor sentiment has shifted bearish – and no one knows when things will pick up.It’s called Crypto All-Stars , and its ICO is generating quite a buzz, raising almost $1 million in a matter of weeks.The crypto market is going through a rough patch right now, and a lot is happening behind the scenes.When investors get nervous, they tend to ditch crypto.To make matters worse, there was the situation with the Japanese Yen in August.

This rate change put more pressure on crypto prices because, when institutional investors unwind positions in one market, it often has ripple effects in others.So, while things might look rough now, there’s every chance crypto could bounce back in the final few months of the year.Unfortunately, those days seem like a distant memory right now.It’s been a rough week for all the big hitters.

 

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