#PI# Many people do not know how Ethereum was created and how it has come this far. Today, with all the experience along the way, let us popularize this for everyone; it is really more exciting than a TV drama.

Phase 1: In July 2014, ETH was issued at a price of 1.86 yuan. After the issuance, the price traded sideways between 1.4 yuan and 2 yuan for a whole year. Most people couldn't hold on and sold off, essentially making no profit, and some even incurred losses.
Phase 2: In August 2015, it rose to 23 yuan, ultimately increasing by 12 times. Many people took profits and exited. By November, it fell back to 2.7 yuan, a decrease of 90%. During this significant rise and fall period, over 90% of people had sold and exited, while some were still trying to stop losses and were at a loss.
Phase Three: 2016 was an exciting year. In March of that year, it entered a period of rapid growth, soaring directly to 98 yuan, a 36-fold increase in one month. Unfortunately, less than 10% of people enjoyed this wealth appreciation. In April, it plummeted to 45 yuan, and many began to shout that Ethereum was a scam. They did not know that it soared to 138 yuan in June, dropped to 54 yuan in August, rose to 92 yuan in September, and fell to 38 yuan in December. This year could be described as turbulent and unpredictable.
Although the third phase in 2016 experienced ups and downs, it laid a dual foundation for the popularity of Ethereum and the market. By March 2017, it directly soared to 350 yuan, increasing ninefold within three months, followed by the emergence of the "ICO" that became popular in China, where all projects issued tokens on the Ethereum public chain, and all funds raised by the projects were in Ether. By June 2017, the price rose to 2660 yuan, skyrocketing 70 times in six months, then dropped to 850 yuan in July, a decrease of 78%. In October, it rose to 2520 yuan, in November to 3280 yuan, and reached a peak of 9100 yuan in January 2018. In just over three years, Ethereum increased a total of 4900 times.
Phase Four: In 2018, the bear market cleansing model began. Starting in March, the price fell from over 9000 yuan to 2280 yuan, a decrease of 75%. It rose to 5380 yuan in April, then dropped to 1070 yuan in September, a decline of 88%. The most severe drop occurred in December, falling to 525 yuan, a direct decrease of 90%.
Phase 5: In June 2019, the price rose to 2350 yuan, then fell to 720 yuan in December. In March 2020, when the price dropped to 312 yuan, everyone was terrified, and then it plummeted to 550 yuan, a decrease of over 88%. It wasn't until the rise of DeFi from October to December that a turnaround occurred, with the price rising to 5720 yuan. Then, the price began to climb again.
Phase Six: On November 10, 2021, Ethereum rose to 31,200 yuan.
In less than 7 years, it has grown 15,000 times. If you had invested 1,000 yuan in it, you would now have 15 million yuan. Ask yourself, can you really handle it? #PI#