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RE: Why is the Price of Ethereum Rising? The Centralisation of Ownership...

in #etheruem7 years ago

I think the major reason of ETH rising is based on an unprecedented project:Bancor protocol. Bancor protocol use Eth for fundraise and Eth is boned to new Bancor protocol token:BNT. And on 12 June, it raise 396,720 ETH, equivalent to $153,003,311.63, within 3 hours!!So I think the major reason the rise of Eth is because of this project:) more information: https://bancor.network

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