RE: Why Ethereum Might Be Undervalued Right Now

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Why Ethereum Might Be Undervalued Right Now

in ethereum •  7 years ago 

I'll also echo Lisa in the thoughts that ETH is currently being hit by a lot of liquidation to cash from companies raising huge amounts of uncapped capital though initial coin offering or token sales. The companies raising ETH are immediately selling most of it for fiat and there has been much more ICO activity based on the Ethereum platform.

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