IoTeX Co-Founder Urges Cryptocurrency Investors to “Hold” Amid Current Market Conditions By Cointelegraph

©Reuters. IoTeX Co-Founder Urges Crypto Investors to “Hold” Amid Current Market Conditions

As the market crashes over escalating tensions in Eastern Europe, Dr. Raullen Chai, co-founder and CEO of blockchain network IoTeX, urges crypto investors not to part with their holdings.

The Russian military recently began its advance on Ukraine, firing missiles at Europe’s second-largest country. In the aftermath, cryptocurrency markets took a nosedive, with all major coins down between 8% and 18%, according to Cointelegraph Markets Pro. However, despite current market conditions, Chai tells holders think twice before selling your digital assets.

Chai told Cointelegraph that while it is not impossible for () to drop below $10,000 and (ETH) below $800, the market could “easily hit new all-time highs later in the year.” He explained:

Read the full article on Cointelegraph

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