Topic: Ethereum is Going to $50 based on what I Observed! - page 9. (Read 2312 times)
I think most of the scam ICOs already sold their ETH. Good projects like 0x Project are still holding. I think the lowest Ethereum price can drop is to $10 Billion market cap ($100 per ETH).
Based on what I observed in the current market, Ethereum is the crypto in the market that is down 90% in his All-time High, based on my research this happened because of the ICO under Ethereum blockchain, all of this ICO dump their Ethereum to fund their project, and some of this ICO are Scam projects, let's say 90%, so what will happen to all the Eth they received from Investors? dump! after the dump this guys exit scam, my prediction is we can see a $50 Ethereum this year or maybe $20, but $20 is highly unlikely to happen.
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