{"id":370317,"date":"2019-02-04T23:00:05","date_gmt":"2019-02-04T23:00:05","guid":{"rendered":"https:\/\/wncen.com\/?p=370317"},"modified":"2019-02-04T22:23:15","modified_gmt":"2019-02-04T22:23:15","slug":"ethereum-higher-prices","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum-higher-prices\/","title":{"rendered":"Could Low Issuance Rate on Ethereum Mean Higher Prices?"},"content":{"rendered":"

According to a Tweet by the founder of EthHub and the presenter of the Into the Ether <\/em>podcast, Eric Conner, the rate of issuance of new Ether (ETH) is currently at its lowest ever. Owing to simple economics, this decreased supply could mean higher prices for the number three digital asset by market capitalisation<\/a>.<\/p>\n

However, issuance is just one half of the story. For prices to move upwards, demand needs to remain at a constant rate or increase.<\/p>\n

Will Ethereum Network Upgrades Provide Increased Demand for the Asset?<\/h2>\n

With new coin issuance rates at the lowest they have ever been on the Ethereum<\/a> network, any surge in demand could see the price of the ETH shoot up much more rapidly than previously seen.<\/p>\n

The drop in the rate of issuance was pointed out by Ethereum proponent Eric Conner earlier today via Twitter. The podcast presenter and educational resource provider posted a chart taken from blockchain data firm Coinmetrics:<\/p>\n

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Ethereum's issuance rate is currently the lowest it's ever been.@coinmetrics<\/a> pic.twitter.com\/Qf8EWXML9a<\/a><\/p>\n

— eric.eth (@econoar) February 4, 2019<\/a><\/p><\/blockquote>\n