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#PI #PI #PI Many people don't know how Ether came about, and how it has come all the way. Today, with all the experiences, let's popularize it for everyone. It's really a bloody and exciting journey, much more exciting than a TV series.
🌹Phase 1: In July 2014, ETH was issued at a price of 1.86 yuan. After the issuance, it traded in a range of 1.4 yuan to 2 yuan for a whole year. Most people could not hold on and sold off, basically did not make money, and some even lost money.
🌹The second stage: In August 2015, it rose to 23 yuan, finally increasing by 12 times. Many people took profits and left. In November, it fell back to 2.7 yuan, a drop of 90%. During this period of sharp rise and fall, over 90% of people have already sold and left, and some still cut their losses.
Phase III: 2016 was an exciting year. In March of that year, it entered a stage of skyrocketing, directly rising to 98 yuan, a 36-fold increase in one month. Unfortunately, less than 10% of the people enjoyed the appreciation of this wealth. In April, there was a sudden thunderstorm, and the price fell to 45 yuan. Many people began to shout that Ethereum was a scam. Little did they know that it skyrocketed to 138 yuan in June, fell to 54 yuan in August, rose to 92 yuan in September, and fell to 38 yuan in December. This year can be described as turbulent and unpredictable.
In the third stage of 2016, although there were ups and downs, it laid the dual foundation of popularity and market for Ethereum. So in March 2017, it rose all the way to 350 yuan, increased nine times in three months, and then the well-known 'ICO' became popular in China, with all projects issuing coins on the Ethereum public chain and raising ETH. In June 2017, it rose to 2660 yuan, a 70-fold increase in six months, fell to 850 yuan in July, a 78% decrease, rose to 2520 yuan in October, rose to 3280 yuan in November, and in January 2018, it rose to a then all-time high of 9100 yuan. Ethereum has increased by 4900 times in a little over three years.
🌹Phase IV: In 2018, the bear market began with a pattern of washing out positions. Starting from March, the price, which was over 9000 yuan, dropped to 2280 yuan, a 75% decline. In April, it rose again to 5380 yuan, then dropped to 1070 yuan in September, a decrease of 88%. The most drastic was in December when it fell to 525 yuan, a direct decline of 90%.
🌹Phase 5: In June 2019, it rose to 2350 yuan, dropped to 720 yuan in December, and in March 2020, everyone was terrified when it hit 312, plummeting to 550 yuan, a drop of over 88%. It wasn't until the rise of Defi from October to December that there was a turnaround, rising to 5720 yuan. Then, it started to pick up again.
🌹The sixth stage: By November 10, 2021, the monthly increase to 31200 yuan.
In less than 7 years, it has increased by 15000 times. If you had bought it for 1000 yuan in the beginning, you would have had 15 million yuan now. Can you really hold on to it?
#Pi gogogo