Why is Ethereum price unable to break out of $300?

[mc.craigsvictor]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

[1714243071]

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[1714243071]

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[SchlaWinner]

Ethereum has not been at 300$ for a long while now, what exactely are you refering to?

[DAVETUN]

The competition from NEO is a factor,as alot of ICO now run on the pkatform of NEO coin,as second to Bitcoin in terms of volume,the price of BTC has a major driving force on the rise of ETH.

[sparg]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

Dude are you spamming to get your post count or are you just dumb?
Did you opened coinmarketcap in the last 4 months? You are talking gibberish an ind fact saying nothing in this thread and it`s only purpose is to create a space for users to spam some more.

[LUCKY21]

So the price of the etherium is far from 300 $. Even now, during the drawdown of the market, its price is $ 700. And in the beginning of January there was also 1300. What 300 $ do you write?