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?
We don't really understand what happened. Bitcoin suddenly grew but the alts did not, and even decreased. I think the reason is that sharks are trying to buy more bitcoins, so this happened. The alts have suffered a lot from the sell-offs of high money investors.