Ethereum going down again. Last few month the ethereum prize going down and down step by step. That time the ethereum based token also down with ethereum. Why it going down? Can it possible, the ethereum back again?
ETH is already suffering the downward movement because of the poor performance that is being done by ETH platform these days.
- They have unlimited supply of the ETH and thus too much dispersed demand and supply equation.
- ETH is causing lot of network congestion, slow speed and high fees of gas !
- ICO platforms are dumping their huge ETH bags for the BTC so that they can use it for their projects.
- Bounty Hunters and Airdrop Hunters dump the tokens for ETH.
- In addition to all above, there might the whole market which is falling on its own and thus naturally ETH is affecting as well.