The Bearish Trend Kicks In

in #cryptonews5 years ago

image
Photo credit: coinbase
Both coins in Nigerian naira (NGN)
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Hello steemians,
How was your weekend?
It's nice to meet you again here on Steemit.
It's a rough start for these two coins as they enter into a new week with red colours. Will this week be good for them?
STEEM, our very own coin has not been doing well since last Saturday's evening where it started loosing soo much of what was gained as at the beginning of last week.
BAT (Basic Attention Token) on the other hand has not been doing well too. It has been loosing some of what it used to be appealing and tempting for investors.
BAT which was lunched on the last quarter of last year rose to a profitable price and also impressed the creators has now started to move in a sluggish manner.
For the record;
STEEM is currently at NGN135.9 with -7.6% decrease in price from yesterday's price.
BAT is currently at NGN59.3 with -6.3% decrease in price from yesterday's price, after an appealing increase of over 16%.
For now, almost all coins are experiencing deep downs which BTC is also dragging them to the pit.
What are the fate of these coins as people call cryptos scam and demand for its shutdown?
Okay peeps, this is where I'll stop for now until the next 8 hours which I shall bring you another update on these coins.
Follow me @daniella619 for more updates.
Remember to show your support on this post by voting, resteem and comment (if any).
See you next time.
Bye

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