Post
Topic
Board Altcoin Discussion
Re: Most of the cryptos are falling except ETH. Reason?
by
meidut
on 19/05/2018, 12:12:40 UTC
From last few days it is seen that most of the cryptos price are falling. But Etherium is going on reverse. Its price is doing good.
Could yo please explain the reason of rising ETH price??? Is it all about its demand in market???
The reason is because ETH coins are always needed and in use.
Example: If you want to transfer your coin to another wallet surely you need ETH for GAS transfer. And if you want to sell your coin you also need an ETH for the transfer fee.
The conclusion is that ETH is always in need for a transfer fee, so ETH will stay alive.