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#PI #PI #PI Many people do not know how Ethereum was generated and how it has come all the way. Today, with all the experience, let us popularize it for everyone. This is really more exciting than TV dramas.
🌹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, sold off one after another, basically didn't make any money, and some even lost money.
🌹Phase 2: In August 2015, it rose to 23 yuan, ultimately increasing by 12 times. Many people profited and exited. By November, it fell to 2.7 yuan, a 90% drop. During this significant rise and fall period, over 90% of people have sold and exited, while some are still stop-lossing and losing money.
Phase Three: 2016 was an exciting year. In March of that year, it entered a period of rapid growth, skyrocketing to 98 yuan directly, a 36-fold increase in one month. Unfortunately, less than 10% of people enjoyed this appreciation in wealth. In April, it plummeted to 45 yuan, and many people began to shout that Ethereum was a scam. They didn't know it surged to 138 yuan in June, fell to 54 yuan in August, rose to 92 yuan in September, and dropped to 38 yuan in December. This year can be said to be tumultuous and unpredictable.
Although the third stage of 2016 has experienced ups and downs, it has laid a solid foundation for the popularity and market of Ethereum. By March 2017, it soared directly to 350 yuan, increased nine times in three months, and then the popular "ICO" emerged in China. All projects issued tokens on the Ethereum public chain, and all funds raised by all projects were Ethereum. By June 2017, the price rose to 2660 yuan, a 70-fold increase in six months, dropped to 850 yuan in July, a 78% drop, rose to 2520 yuan in October, rose to 3280 yuan in November, and peaked at 9100 yuan in January 2018. In just over three years, Ethereum has risen a total of 4900 times.
🌹Phase Four: In 2018, the bear market cleansing mode began. Starting from March, the price dropped from over 9000 yuan to 2280 yuan, a 75% decrease. In April, it rose to 5380 yuan, then fell to 1070 yuan in September, an 88% decrease. The most severe was in December, dropping to 525 yuan, a direct 90% decrease.
🌹Phase 5: In June 2019, the price rose to 2350 yuan, fell to 720 yuan in December, and in March 2020, when the price dropped to 312 yuan, everyone was scared, then plummeted to 550 yuan, a drop of more than 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 started to climb again.
Phase 6: On November 10, 2021, the monthly increase to 31200.
In less than 7 years, it has grown 15,000 times. If you had bought it for 1,000 yuan at the beginning, you would have 15 million yuan now. Ask yourself, can you really handle it?
#Pi gogogo