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?
This is completely normal. You can buy ETH if you feel its value is low. In fact, the crypto market is always volatile and we do not know what they do and cannot value their businesses. For me, the price of ETH is still high compared to its real value and it's only low compared to bitcoin. why? because I realize that ethereum's platform is only a tool for new projects to be created but more than 90% are dead projects. so it doesn't bring any merits to our market, I underestimate ETH. so, how do you think about my opinion ?