Moonchain narxMXC

The fundamental notions of “bull” and “bear” trends originating from the stock exchange have penetrated the cryptocurrency market and represent the tactics of animal attacks in wild nature. Should you ever confuse the terms, you only need to remember that bears wave their paws and halt to fight while bulls lift up their horns and simply run forward. So crypto bears trade for a fall and crypto bulls aim at an exchange rate growth. A trend, accordingly, is a continuously repeated tendency of price changes in the financial market. This is especially relevant for the cryptocurrency industry, most susceptible to global events which can cardinally change it. Take for instance the Chinese trends in the recent weeks: the mood in the Celestial Empire has been quite low as the bitcoin search queries via WeChat dropped by 7% while the “bear market” combination grew by 102%. DAO-as-a-Service Dora Factory became of the sensational token sales started in China. The project supported by DoraHacks made a public token offering with listings on OKEx, Gate and MXC on March 21st. And this happens in the Fintech industry every day: new technology and deals crop up, startups are launched, legislative regulations change, and there are attempts of integrating blockchain into various spheres of life, always leaving a mark on the crypto market. So my advice to new players is to make it into the market until it is “overly regulated” since cryptocurrencies are now trending and forecasted to grow.