These 5 Factors Suggest Demand for Ethereum Could Set a New High

These 5 Factors Suggest Demand for Ethereum Could Set a New High

In 2018, Ethereum rallied as high as ~$1,430 on the back of an influx of demand caused by the then-ongoing initial coin offering (ICO) boom.

ICOs had to raise money, and ICOs often raised money so through ETH — a widely-adopted, well-known, and easily-accessible cryptocurrency. Hence, the demand for Ethereumspiked as investors began to speculate they could multiply their Ethereum by trying their…

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