Recently, the entire cryptocurrency market has been hit hard. The price of cryptocurrency plummeted, including Ethereum, even falling below the $300 mark. On August 14, the price was close to $258. The decline exceeded Bitcoin.
The plunging price of Ethereum made the fans of Ethereum into a panic. But Ethereum founder Joseph Lubin said he did not see the recent cryptocurrency plunge as a constraint to further price increases. When asked how price volatility affected him, Rubin replied: "We are concerned about prices and making growth plans and making forecasts. Basically we are still on track. So this is not surprising."
How do you think about what Joseph Lubin said? Do you think Ethereum price will increase in the short term?