So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
Ninety-nine percent of all available ICO Projects are pegged to ethereum because they are using eth erc20 smart contract, so if ETH surge in price it will make the tokens increase as well since its running on the eth blockchain but ETH still depends on Bitcoin mostly,just like every other altcoins