There are now 8 crypto projects left with a marketcap over 1 billion $ - and one of them is Tether
A small month ago, I wrote a post here that everything was seemingly falling, but it has went worse than I had believed. In January we had 42 projects that had a marketcap above 1 billion USD amongst them STEEM.
Source: https://coinmarketcap.com/historical/20180107/
Today we are almost left with a handful. As you can see on this screenshot:
Source: https://coinmarketcap.com/
This is exactly when it is hard to buy in and we can easily have more pain ahead of us. I have been buying and will add more in the next week. If you are as reckless as me, I can only recommend to put in small amounts each time and mentally prepare yourself that it could be years (potentially never) before we see higher valuations.
Good luck to all of you and take care.