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#PI #PI Many people do not know how Ethereum was created and how it has come all the way. Today, with all the experience, let's popularize it for everyone, which is really more exciting than TV dramas.
🌹Phase 1: In July 2014, ETH was issued at a price of 1.86. After issuance, the price traded sideways between 1.4 and 2 for a whole year. Most people couldn't hold on and sold off, basically not making any money, and some even lost money.
🌹Phase 2: In August 2015, it rose to 23 yuan, ultimately increasing 12 times. Many people made a profit and exited. By November, it fell to 2.7 yuan, a drop of 90%. During this significant rise and fall, more than 90% of people had sold and exited, while some were still stopping losses and losing money.
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 appreciation of wealth. 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, 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.
Although the third stage of 2016 has experienced ups and downs, it has laid a solid foundation for the popularity and market of Ethereum. Therefore, by March 2017, it directly soared to 350 yuan, rising 9 times in three months, and then the popular "ICO" appeared in China, where 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% decline, 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 increased by a total of 4900 times.
🌹Phase Four: In 2018, the bear market cleansing mode began. From March, the price dropped from over 9,000 yuan to 2,280 yuan, a 75% decrease. It rose to 5,380 yuan in April, then fell to 1,070 yuan in September, an 88% decrease. The most severe was in December, dropping to 525 yuan, a direct 90% decrease.
🌹Phase Five: In June 2019, the price rose to 2350 yuan, dropped to 720 yuan in December, and in March 2020, when the price fell to 312 yuan, everyone was frightened. It then plummeted to 550 yuan, a drop of over 88%. It wasn't until the rise of DeFi from October to December that a turning point appeared, and the price rose to 5720 yuan. Then, the price began to climb again.
🌹Phase 6: On November 10, 2021, the monthly amount increased to 31200 yuan.
In less than 7 years, it has grown 15,000 times. If you bought it with 1000 yuan at the beginning, you now have 15 million yuan. Ask yourself, can you really handle it?
#Pi gogogo