I have been keeping eyes on ethereum so far this week and I realize a strange dip in the value of ethereum. Well I don't think this will lead to the collapse of ethereum completely, however, I do think it will go down way more due to panic sales and most ICO's selling their tokens. Guys do you think all ECR20 tokens will follow ethereum in terms of further dip in prices?
Of course, there is a definite connection between the fall in the price of ethereum and the ERC20 tokens, however insignificant. Price dominates in the bitcoin cryptocurrency market, the price of tokens depends on its price values. However, which of them even in this difficult time have fallen in price slightly or despite a general decline even show a slight increase. Therefore, the perspective of the project itself is of great importance in the price of tokens. Influencing factors on the price of tokens and ethereum are too many to argue unequivocally.