You might ask why:
(1) Ether's price per daily user = $1,700,475.25 (14.67 billion / 8627 users)
Google's price per daily user = $360
Facebook's price per daily user = $280
*****Using Google's value per daily user, Ether would have a price of 4 cents per coin*****
(2) SEC still going after ICOs issued after July of 2017. Per the settlements, SEC is making those ICOs pay back investors in USD. This means a lot
more ether to hit the market as the liquidate their holdings.
(3) EOS # 1 Dapp has more users than all ETH dapps combined.
(4) TRON #1 Dapp has more user than all ETH dapps combined.
(5) Under major resistance and leveraged longs outnumber shorts 3:1. Longs hit a new ATH 2 days ago.
(6) 8,627 users over the past day...that is just pitiful for something valued at 15 billion dollars.