Does anyone have any logical reasons why ETH price is still so low compared to its actual value? Isn't it like 70% of all the prominent ICO's, IEO's, STO's are all built on top of the Ethereum network? They require buying gas to run right? Wouldn't that create demand, and result in an increasing price for ETH? Is it safe to say it's being price suppressed? Or do I not understand how the platform works?
Market conditions not give permission ETH for Moon.
BTC keeping all coins and crush them with strong movements to Up or Down.
By the way ETH is the one of the strongest coin against BTC
2020 ETH 2.0 news may help ETH go to moon independent from BTC prices.
Apart from general market conditions, I feel the powers at Ethereum foundation knows how important the Ethereum 2.0 implemation would be and that's why they work hard on it. The recent high gases and frequent clogged network is a disatisfing factor that all Ethereum fans wish to see solved soon. Once it's done, the price will improve