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?
ETH has rised much since it's ICO in 2018, eventhough the price is still low compared to it's all time high. It is because the demand and the marketcap in whole cryptocurrency is not the same compared to 2017 late. I'm sure ETH will show it's real value which is really high when bitcoin and other cryptocurrency become world center of attention just like last 2 years