April 2019
Intermediate to advanced
490 pages
12h 6m
English
The price per Ether indicates to us how much people believe in the technology. There's a saying that goes put your money where your mouth is that fits this statistic perfectly. The more money people invest in the technology, the more they believe in it, which indicates expansion. Funds raised in ICOs, TGEs, and STOs are also great sources of Ether price increases, since many projects are using the technology successfully. People are putting money in useful projects based on Ethereum.
In the following diagram, you can see how the price of Ethereum has been moving over time with several sudden spikes caused by people's interest in the technology:
Ethereum was born four years ago in 2015, where one ETH was worth ...
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