ethereum drop simply because a lot of project are dumping it ICO for salary payments and the right reason is there is nt a mechanism that support the ethereum price right now
You mean no mechanism? Well in that case give me a cryptocurrency that has a mechanism of controlling its price. Even Bitcoin are being manipulated. IMO whales are controlling the crypto prices where the miners was meant to control it.The miners are investing money to bring the bitcoin in life meaning they are the producers. If the price was controlled by them then we would not see this much price volatility.