Why so much fell Ethereum? The opinion of foreign analysts
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The Reason for the sharp fall in Live in early September were three major ICO, which entered the market of 13.5 thousand coins. This writes, citing data from research company Santiment.
Usually when a large ICO the market gets to 5 thousand esters, and more recently — about 1 thousand coins. Most of all the tokens released a draft PolicyPal, which had sold 6.4 thousand ethers, or about $ 1.5 million at the time. This is followed Electrify Asia, which got rid of the 1.5 thousand coins.
theWhy dropped Live?
In General over the last week the market got 50 thousand ETH. This was the reason for the depreciation on the $ 50 a day, analysts say.
Another reason for the fall was sudden acne Buterin about blockchains Bicton and Ethereum. The founder of Ethereum called them "terrible", adding that we need to make serious improvements for the future of both coins.
The Following Buterin even more strange statement — he admitted that the price of Air could fall to zero. This happens if the Protocol of the coin will not be substantially amended.
What course of ETN by the end of the year waiting for you? Feel free to share your predictions in .
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