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#PI #PI #PI Many people do not know how Ether was created and how it has come all the way. Today, with the experience all the way, let's popularize it for everyone. It's really full of blood and excitement, much more exciting than TV dramas.
🌹Phase 1: In July 2014, Ether was issued at a price of 1.86 yuan. After issuance, it traded sideways in the range of 1.4 yuan to 2 yuan for a whole year. Most people couldn't hold on and sold off, basically not making any money, and some even lost money.
🌹Phase II: In August 2015, it rose to 23 yuan, finally increasing by 12 times. Many people took profits and exited. 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 exited, some even cut their losses.
Phase III: 2016 was a spectacular year. In March of that year, it entered a frenzy mode, directly rising to 98 yuan, a 36-fold increase in just one month. Unfortunately, less than 10% of people enjoyed the appreciation of this wealth. In April, there was a sudden crash back to 45 yuan, many people started shouting that Ethereum was a scam. Little did they know, in June it surged again to 138 yuan, dropped to 54 yuan in August, rose to 92 yuan in September, and fell back to 38 yuan in December. This year can be described as tumultuous, with unpredictable ups and downs.
In the third stage of 2016, although there were ups and downs, it laid a solid foundation for the popularity and market of Ethereum. So in March 2017, it directly rose to 350 yuan, increased nine times in three months. Then came the well-known 'ICO' that spread widely in China, where all projects issued coins on the Ethereum public chain and raised ETH. In June 2017, it rose to 2660 yuan, increased by 70 times 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 in January 2018, it reached the highest point at that time of 9100 yuan. In a little over three years, Ethereum has increased by a total of 4900 times.
🌹Phase Four: In 2018, the bear market mode was initiated. Starting from March, the price dropped from over 9000 yuan to 2280 yuan, a 75% decrease. In April, it rose again to 5380 yuan, then dropped to 1070 yuan in September, an 88% decrease. The most drastic was in December when it dropped to 525 yuan, a direct 90% decrease.
🌹Phase 5: In June 2019, it rose to 2350 yuan, fell to 720 yuan in December, in March 2020, everyone was scared to death when it hit 312, and dropped to 550 yuan, a drop of over 88%. It wasn't until the rise of Defi in October-December that it turned around, rising to 5720 yuan. Then, it started to climb again.
🌹Phase Six: On November 10, 2021, the monthly increase reached 31200 yuan.
In less than 7 years, it has increased 15,000 times. If you had bought 1000 yuan at the beginning, you would now have 15 million yuan. Ask yourself, can you really handle it?
#Pi gogogo