RATE Group | Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’
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Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’

02 Aug Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’

Posted at 05:47h in Ethereum News by

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Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’

Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer. Following a multi-month downtrend, Buterin took to Twitter to share his outlook on the current cryptocurrency market conditions.

Buterin: ‘We’re at the Tail End of a Crypto Bubble’

Since its peak in December 2017, the recent cryptocurrency bear market has taken retail investor and public attention away from the burgeoning blockchain industry.

On July 31, 2018, Buterin replied to a tweet by Post Oak Labs Founder Tim Swanson, displaying the falling web traffic on Coinbase digital asset exchange’s main site.

The chart shows Coinbase’s total monthly visits at a peak of ~126 million in January 2018 and dropping to nearly 29 million in June 2018, according to data from SimilarWeb.

The decrease in Coinbase’s web traffic seems to correspond closely with the price trends…

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