#PI Many people do not know how Ethereum was created and how it has come this far. Today, with a wealth of experience behind us, let's popularize this topic for everyone. It's truly more exciting than a TV drama.

Phase 1: In July 2014, ETH was issued at a price of 1.86 yuan. After the issuance, the price traded sideways between 1.4 yuan and 2 yuan for a whole year. Most people couldn't hold on and sold off, essentially making no profit, and some even lost money.
Phase 2: In August 2015, it rose to 23 yuan, ultimately increasing by 12 times. Many people took profits and exited. By November, it fell back to 2.7 yuan, a drop of 90%. During this significant fluctuation period, over 90% of people had sold and exited, while some were still cutting losses and facing losses.
Phase three: 2016 was an exciting year. In March of that year, it entered a period of rapid growth, soaring directly to 98 yuan, a 36-fold increase in just one month. Unfortunately, less than 10% of people enjoyed this wealth increase. In April, it plummeted to 45 yuan, and many began to shout that Ethereum was a scam. They did not know it soared to 138 yuan in June, dropped to 54 yuan in August, rose to 92 yuan in September, and fell to 38 yuan in December. This year can be described as turbulent and unpredictable.
Although the third phase in 2016 experienced ups and downs, it laid a dual foundation for the popularity of Ethereum and the market. By March 2017, it directly soared to 350 yuan, increasing ninefold within three months, and then the "ICO" craze that became popular in China emerged, with all projects issuing tokens on the Ethereum public chain, and all the funds raised by these projects were in Ether. By June 2017, the price had risen to 2660 yuan, a staggering 70-fold increase in six months, then dropped to 850 yuan in July, a 78% decline, rose to 2520 yuan in October, and climbed to 3280 yuan in November, peaking at 9100 yuan in January 2018. In just over three years, Ethereum increased a total of 4900 times.
Stage 4: In 2018, the bear market cleansing pattern began. Starting in March, the price dropped from over 9000 yuan to 2280 yuan, a decrease of 75%. In April, it rose to 5380 yuan, then fell to 1070 yuan in September, a decrease of 88%. The most severe was in December, when it dropped to 525 yuan, a direct decrease of 90%.
Phase Five: In June 2019, the price rose to 2350 yuan, then dropped to 720 yuan in December. In March 2020, when the price fell to 312 yuan, everyone was frightened, and then it plummeted to 550 yuan, a decline of over 88%. It wasn't until the rise of DeFi from October to December that a turning point occurred, with the price rising to 5720 yuan. Then, the price began to rise again.
Phase Six: On November 10, 2021, the monthly increase reached 31,200 yuan.
In less than 7 years, it has grown 15,000 times. If you had bought it for 1,000 yuan back then, you would now have 15 million yuan. Ask yourself, can you really handle it? #PI