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?
ICOs are the major reason why ethereum prices skyrocketed within the last 2 years. Now in 2019, there are very few people who have an interest in ICOs. Many people now realize ICOs are a big waste of time and money. thus, they prefer investing their money in bitcoin rather than ICOs or etherum.
Also, please point how IEO has improve this year, it's the new way of raising funds and people are really investing on it.
With this new successful platform, it also made the market more successful as it helps to increase the trading volume on exchange that its listed.
it's growing in progress as I believe this IEO are still starting to grow, it hasn't reach its peak yet before a new platform will be introduce and would replace it.
Are most IEO's developed on the Ethereum blockchain? If not, which successful IEO's were not developed on the Ethereum blockchain?