Ethereum can go below 200 mark by this month end ??
Can Ethereum can go below 200 mark this month ??
Biggest token after Bitcoin is on crash mode , and investors and traders are not able to understand the moment of this particulate coin .
Some Important facts about Ethereum.
- Biggest market share after bitcoin close to $22 billion .
- total token 92.8 million tokens in circulation .
- This year growth appx 2500% up for the year , and Appx 4000 % up at its peak ( where as Bitcoin appx 150% for the year.
- Ethereum runs largest Production network of new tokens worldwide .
- there are appx 93 other tokens has been already issued using Ethereum blockchain , out of this appx 65 has been done this year .
- Their are appx 18 assets token ICO is running currently running on ethereum blockchian network .
- Very recently Status token has been done via Ethereum blockchain network .
- 21 Million,Bancor network, BAT , DAO, Cofound, Gnosis Gilgam Giga Watt and so on appx
- Their are appx 24 ICO are about to hit Ethereum blockchain network in next 90 days in cluding REX, Vega, InsureX,Dent, Bitquence ,OK project etc .
- Ethereum Current hash rate is 54,393.86 GH/s ( at the time of writing this post )
- Ethereum current network difficulty is - 926.16 TH and many more ...
In conclusion - looking into the project strength it seems it should go surely up , but just a matter to think how much it should go up and up ,, it has already given appx 2500 up in last 6 months . i think it is just a small consolidation and it can hit to $ 180 support level and then it can go by $ 500 by this year end .
will come up with more insights on this project
Disclaimer - i am not a financial expert i am just a trader and investor in crupto just like all of you .but following top 25 coins very closely to be aware of the market movement .will keep you updated on this .
follow me @mybrp
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The stress that ICOs place on the Ethereum network is hugely worrying and I think has partly caused the huge dip we've seen. However, there's rumours of an EEA announcement later this week which could put force the price up again!
yes thanks for your views ... Ethereum is such a nice project i think it cannot sustain below $ 200 for long time .
Solid post. Nice to see I'm not the only one who thinks like this. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. I really advice people to take a look at: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. On: https://www.coincheckup.com/coins/Ethereum#analysis For the Ethereum Detailed analysis