Telecommunications Tokens Are Surging Just Like Stocks

Increase in the remote workforce During tumultuous times, investors are eager to find assets that can provide shelter or a hedge from volatility. Source: CryptoSlate The motivation behind this convergence between traditional and crypto investors in the telecommunications sector seems obvious — the expectation that an increase in the remote workforce will create greater demand for these services.

Source: Cointelegraph, Coinmarketcap Johnny Zerah, head of marketing at Status, shared with Cointelegraph that currently, the second most popular public channel on Status is dedicated to the coverage of Coronavirus around the world He noted that: “In these times, it’s important for people to have access to the information that doesn’t just come from the government sources”. When it comes to Status messenger, investors may be betting on these fears.

Timeline of Status