Following such giants as Facebook, Google and Twitter, Snapchat has officially announced its ban of ICO advertising on its platform.
Twitter is reported to plan to implement the announced ban in the coming weeks. There is no final confirmation, nevertheless, it is said that its ban will be also applied not only to ICOs ads but also it will affect cryptocurrency wallets and exchanges with some exceptions.
Will the price fall again?
Not only Snapchat but there are other social networking sites also like Facebook Twitter who has banned crypto ads and there are many other people also who don’t want bitcoin to be used anywhere but let me clear the consequences of this, Facebook, the largest social networking site among all, I guess has reduced its shares by 5% since when it has banned crypto ads over its page so it feels like happy that bitcoin lovers are more than the bitcoin haters.
