Post
Topic
Board Altcoin Discussion
Re: ETH dead as ICO cools down
by
wodebutterfly
on 26/03/2018, 02:37:14 UTC
As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.
I think that the ICO does not have a great influence on the price of the Ethereum, they usually have effect, but it is not as significant as it seems. I think that the price may still fall slightly due to bitcoin instability. But I hope that soon everything will begin to grow
The market may not turn upwards that soon. Bitcoin has been trying to break 10K several times, but then failed due to weak hands and some regulation news. So hopefully the market may begin to move upward again in May or June. However, by now, ICO may still be the biggest price support for ETH.