We are not that much down from ICO price.
It’s just that 2017 and beginning of 2018 was a time of strong FOMO. Where people did throw money at every crypto.
So, when ETN made its All time high it didnt even have a working mobile miner and the app was very sketchy at best as well. The evaluation made absolutely no sense.
Now after the long bear market during 2018-2019 alts got to a reasonable level again. (Some still overvalued imho).
The great news is. And I mean really great news.
ETN still exists. It’s being developed and things seem to only get better. Richard ells takes this project very serious and the ETN team is growing and that is really most important considering future evaluations.
Crypto prices are not a function of supply and demand like in classic finances. It’s more about Fomo and Fud. We will likely get another phase of strong Fomo, where people will flood into crypto (for many reasons) and if ETN keeps doing a great job its highly likely that we get overvalued again. And who knows what numbers this could lead to…
If you are interested in price discussions you may want to join our ETN TA thread here also 
