Will all ecr20 tokens follow ethereum?

[TrevorS]

No, it's not true. I should remind you there was a lot of ERC20 asset that still defend its price caused by they have been creating a fully working product. that's the key to protect the investor's trust. I should remind you that it will have a correlation with the bitcoin price too. you can try to see the ethereum based icos which have created product.

Unfortunately, not all projects could develop to the level of which you speak, even having a finished product. A large part of them just squandered their potential, and all the money. Look at the volume of medium exchanges of similar projects.

[Cyptobonds1]

That's the only aspect I noticed about those altcoins, only few of them makes it up when etherum is down you will find most of the keep going down following the trend. For a project which promises much more than etherum did need to adjust itself and grow on it own.

[Huskarls]

Well we all know the most of coin in  crypto market is relying in ethereum  because its altcoin so maybe theres possibility that  when ethereum goes down some coin will be followed.

the price of new tokens depends on the progress of the projects standing behind these coins but not on the price of ethereum.

precisely, no matter what platform the coin is used for, actually the price also affects the pair they use, if BTC / ETH, of course it will be very influential when the primary coin goes down, but if it only has a pair with USDT of course it will very stable. How potential project can no longer guarantee prices to going up.

[jacafbiz]

I don't think all will follow Ethereum but most will, if one look at projects like DigixDao, DaiMaker and Augur all these projects have potential to surpass Ethereum in marketcap. The issue with Ethereum is that majority of the ERC20 tokens are shitcoins and have no real use case and will likely all lose their value in future and won't growth with the growth on Ethereum platform

[blokklanc]

ERC20 tokens follow Ethereum and there is a strong correlation between them. When the market is bullish they could
incrase even faster than ETH but they also dumps faster when ETH price crashes.