Post
Topic
Board Altcoin Discussion
Re: Will Ethereum drop below $240 again do you believe?
by
HiBlocks
on 21/05/2019, 01:50:06 UTC
Most of the ICOs from 2017-2018 are selling off their funds.  Therefore Ethereum itself is in a sell off mode due to overpopulation.  A lot of scam/bad projects have hurt Ethereum.  It is scalability issues are still there after 3 years.  Cryptokitties alone was able to bring the Ethereum network to a standstill.  There were huge transactions fees along with it.  If one Dapp can do this much damage...there is a serious problem.  When we look back on Ethereum 5 years later....it will be remembered for being the most overvalued coin ever.