The ETH value continues to decline to -17.93% at the moment, whether this decline is caused by investors monitoring warnings from a number of regulators and increasing crackdowns on the virtual currency market or perhaps just a glimpse of wind from the impact of economic law so that it has an influence big to projects being a scam?
Well no one can really tell what is causing this price drop, but it think that the recent price drop of all the cryptocurrencies has lead to many people dropping out of it and since the market has became flooded with shitcoins ICO projects have lost their popularity and probably that is why the price of the ethereum has gone down, but i am sure that this is not a permanent thing and probably by the end of this year ethereum will get back on its feet, so it is a great opportunity to buy more.