"How Did Ethereum Come About?"

Many people don't know how Ethereum originated and how it has evolved over time. Today, I want to share its journey with you. The story is truly filled with blood, sweat, and tears—more exciting than any TV drama.

🌹 Phase One: July 2014, ETH was launched at a price of 1.86 yuan. After issuance, it hovered between 1.4 and 2 yuan for a whole year. Most people couldn't hold on and sold, basically earning nothing, some even losing money.

🌹 Phase Two: August 2015, price rose to 23 yuan, a 12-fold increase. Many took profits and exited. By November, it dropped back to 2.7 yuan, a 90% decline. During this big rise and fall, over 90% of people sold out, some even cut losses. 2016 was an even more exciting year. In March, it started a surge, rising directly to 98 yuan, a 36-fold increase in a month. Unfortunately, less than 10% of people enjoyed this wealth increase. In April, a shock hit—dropping to 45 yuan. Many started shouting that Ethereum was a scam. Little did they know, in June it surged to 138 yuan, then fell to 54 yuan in August, rose to 92 yuan in September, and dropped again to 38 yuan in December. The year was full of ups and downs, turbulent and unpredictable. Despite the turbulence, 2016 laid a solid foundation for Ethereum's popularity and market.

🌹 Phase Three: March 2017, ETH surged to 350 yuan, a ninefold increase in three months. Then, the well-known "ICO" craze swept China, with all projects issuing tokens on the Ethereum blockchain, raising ETH. In June 2017, it reached 2660 yuan, a 70-fold increase in six months. In July, it fell to 850 yuan, a 78% drop. By October, it rose to 2520 yuan, and in November, to 3280 yuan. In January 2018, it hit an all-time high of 9100 yuan. Over just over three years, Ethereum increased by 4900 times.

🌹 Phase Four: 2018 marked the start of a bear market correction. Starting in March, from over 9000 yuan, it fell to 2280 yuan, a 75% decline. In April, it rose again to 5380 yuan. By September, it dropped to 1070 yuan, an 88% decline. The most severe drop was in December, when it fell to 525 yuan, a 90% decline.

🌹 Phase Five: June 2019, ETH rose to 2350 yuan. By December, it dropped to 720 yuan. In March 2020, the market was panic-stricken with a crash to 312 yuan, falling over 88%. It wasn't until the DeFi boom in October-December that it recovered, rising to 5720 yuan. From there, it started climbing again.

🌹 Phase Six: November 10, 2021, ETH surged to 31,200 yuan. In less than 7 years, ETH increased by 15,000 times. If you had invested 1,000 yuan back then, you would have 15 million yuan now. Ask yourself—can you really hold on? In the crypto world, the two easiest ways to go broke are jumping around like a monkey and using leverage contracts. After years of storms and crashes, only those who can hold on are the winners. Great wealth doesn't require extraordinary intelligence—just enough patience. Those who achieve great things have great perseverance!