Post
Topic
Board Altcoin Discussion
Re: Dwindling of Ethereum Price and its Effects on ICO Projects
by
maksimukr1989
on 09/12/2018, 09:06:11 UTC
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
At the end of the ICO, I am almost sure that the team led out the collected ethereum to Fiat.Therefore, projects should not pay pay attention prices and do what they promised in the road map and do not refer to their inaction by today's market.