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

Phase 1: In July 2014, ETH was issued at a price of 1.86. After the issuance, the price traded sideways between 1.4 and 2 for a whole year. Most people couldn't hold on and sold off, basically not making any money, 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 decrease of 90%. During this significant period of ups and downs, over 90% of people had sold and exited, while some were still cutting losses and facing losses.
Stage Three: 2016 was an exciting year. In March of that year, it entered a period of rapid growth, directly soaring to 98 yuan, a 36-fold increase in just one month. Unfortunately, less than 10% of people enjoyed this wealth appreciation. In April, it plummeted to 45 yuan, and many began to shout that Ethereum was a scam. They did not know that 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.
While the third phase of 2016 had its ups and downs, it laid a double foundation for Ethereum's popularity and market. Therefore, by March 2017, it soared directly to 350 yuan, an increase of 9 times in three months, and then there was a popular "ICO" in China, where all projects issue tokens on the Ethereum public chain, and all projects raise funds in Ether. By June 2017, the price rose to 2,660 yuan, a 70-fold increase in six months, fell to 850 yuan in July, a drop of 78%, rose to 2,520 yuan in October, rose to 3,280 yuan in November, and reached a peak of 9,100 yuan in January 2018. In just over three years, Ethereum has risen a total of 4,900 times.
Phase Four: In 2018, the bear market cleaning pattern began. Starting in March, the price fell from over 9000 yuan to 2280 yuan, a drop of 75%. In April, it rose to 5380 yuan, then fell to 1070 yuan in September, a drop of 88%. The most severe was in December, when it dropped to 525 yuan, directly falling by 90%.
Phase Five: In June 2019, the price rose to 2350 yuan, then fell to 720 yuan in December. In March 2020, when the price dropped to 312 yuan, everyone was terrified, and it subsequently plummeted to 550 yuan, a decline of over 88%. It wasn't until the DeFi boom from October to December that a turnaround occurred, with the price rising to 5720 yuan. Then, the price began to climb again.
Phase Six: On November 10, 2021, Ethereum rose to 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