Hello guys, what do you think about todays situation with ETH? Will ETH recover, or soon altcoin number 1 is going to disappear?
This is simple math. When ETH is high, there are many ICOs running, and most of them have a chance to become successful. This success will lead to increasing amount of ICOs and growth of ETH. Recover is unavoidable.
You're absolutely right. I also tie the success of ETH with ICO platform. As long as there are ETH based ICOs, ETH will be successful. Supply and demand, win win situation.