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The Ethereum Bubble
In 20 16, there are 64 i cos onitherium that collectively raise over a hundred million dollars. The next year, in 20 17there are 966 i c os then collectively raise over ten billion dollars. Of 20 18 there were 23 hundred icies that raised 11 billion dollars. At the start of 20 18, ethereum had risen up to a, for a long time, all time hi of just over one thousand 350 dollars per token,. giving it a market cap of over a hundred billion dollars. And then when the isio bubble deflated at the end of the year in december, ether had crashed to 84 dollars a token, or a market cap of just under ten