Ether is underpriced right now
i am interested to know that how you are measuring this and based on what you are saying it is "underpriced"?
the supply and demand with ethereum's high supply and the fact that there is no cap for it tells us that it is overpriced actually!
i hope that it will never happen. i hope that the lowest price that the ethereum attain will be at 200$ . imagine from the 800$ dropped to the 200$ it would be the worst situation thay may happen in this industry. the deopping rate of the ceyptocurrency in this year is higjer than the rising up value of it's currency. i don't know if there's someone manipulate it
sorry but price already fell below $200 and it is 10% lower even.
and it didn't drop from $800 to $200 it dropped from nearly $1500 down to $190 and will continue.
this is not manipulation, the manipulation occurred last year with the pump. this is now correction of that manipulation.