today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
Ethereum will never drops back to 400$ and besides you should have rejoice now because Ethereum increased more than 15% this month alone so best to check it and find how profiting it now.
but it is amazing that the increase in Gas did not happen then.
Etherium will continue to strengthen with increasing levels of trading volume. The possibility of the release of erc2.0's latest network will also further add to the scarcity level of etherium coins. Investors are also looking at this project and are predicted as the successor to Bitcoin later.
Yes it is strengthen each time following Bitcoin as well.