The Ethereum drop seems never-ending. A new analysis estimates a value as low as $ 140.
The Gram token sale is doing exceptionally well in Asia. The TON network promises easy porting of Ethereum smart contracts.
Alternative Cryptocurrencies & Markets
Ethereum is down by over 52 percent from this year peak of $363.30. Some traders even consider it will be “dead money for years.” It looks like a busted bubble with no exit plan. Ethereum is not dead, we but the price will likely go further down. The analysis indicates that it might go to $140 before recovering. If it fails even to hold that level, it could slide down to $100.
Banks, Lenders & Stablecoins
Exchanges, Trading, Wallets & Payment Platforms
Japanese cryptocurrency exchange Liquid is storing $4,118,853.70 worth of USD Coins (USDC) for the Gram token sale in Asia. Gram is the yet-to-be-released native token for the Telegram Open Network (TON). Additional tokens have been distributed between other partner exchanges who accepted undisclosed amounts of Gram tokens. The token sold at three times the ICO price of March 2018. The TON blockchain will allow the porting of Ethereum smart contracts. TON Labs is building a programming language to develop smart contracts on the Ethereum network.