There is a common concept in the crypto market that is same as all the other markets which say that when any company announces a new innovative technology or product, people are attracted towards it, the anticipation for the product increases and hence its demand increasers dame happens in the crypto market, when a coin announces new technology the price and demand for the coin increases. Ethereum (ETH) announced a Gas Station Network which will help the Ethereum (ETH) customers to avoid many technical burdens.
Really excited to announce Gas Station Network.
The ultimate onboarding solution for #Ethereum.
Transform dapps into normal apps.
Remove the technical burden from your users.
— Ramon Recuero (@ramonrecuero) August 6, 2019
Currently, Ethereum (ETH) is trading at $203.10 against the United States Dollar (USD). The coin is showing a 3.86% negative growth. The market cap of the coin is $21.74 against the United States Dollar (USD). The market supply of the coin is 107.01 million. The 24 hour high is $214.38 against the United States Dollar (USD) and the 24 hour low is $201.65 against the United States Dollar (USD).
Yesterday, Ethereum (ETH) was trading at $221.27 against the United States Dollar (USD) but the coin sudden a constant and gradual decline throughout the day. As a result, it opened up today at $211.21 against the United States Dollar (USD). The value increased from the opening value and again the coin started showing a fall.
The coin is falling continuously, as a result, the situation is frustrating the investors and traders. But the recent announcement has increased the anticipation in the coin and as a result, increased its demand in the market.