ETHEREUM prices to a two-week height over $ 2.8 thousand-data indicate that it is a n Dump pump
The ether price increased by 7 % after the launch of a new MIMON protocol, but the data shows that merchants do not buy noise.
ETHER (ETH) rose to the highest level in two weeks at $ 2,850 on February 17, which represents an increase of 7 % during the day. Rally followed a sharp rise in ETHEREUM network transactions, which jumped from $ 0.70 to $ 70 for one swap treatment. While this is initially feeding optimism between investors, the gains faded quickly with the return of fees to normal levels.
Average gas prices Ethereum, GWEI. Source: Milk
The merchants soon realized that the increase in Blockchain’s activity was driven by the launch of a relatively unknown project. As a result, ETH lost $ 100 within an hour. The weak morale in the interesting futures markets has pressed the price, which has paid its gains 24 hours a day to less than 2 %. In the end, short -term optimism proved.
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