cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Is ETH Dead as an Investment? Analysts Weigh In

-

by

cryptd.in
in

Ether’s (ETH) underperformance as an asset has continued to spark criticism and speculation in the crypto community, with many expressing their displeasure at the Ethereum network’s current trajectory.

Quinn Thompson, founder of the discretionary macro hedge fund Lekker Capital, insists that ETH is now completely dead as an investment. While some analysts and market participants do not agree with him, others concur with him, giving reasons for their opinions.

ETH is Dead as an Investment

To substantiate his stance, Thompson mentioned that ETH, an asset with a market cap of $225 billion, is seeing a decline in transaction activity, user growth, fees, and revenue. Although the Ethereum network still has utility, he believes it is dead as an investment.

“There is no investment case here. As a network with utility? Yes. As an investment? Absolutely not,” the Lekker Capital founder stated.

In alignment with Thompson’s view, Nic Carter, co-founder of blockchain data aggregator Coinmetrics and partner at the blockchain venture capital firm Castle Island Ventures, explained why ETH is dead as an investment.

According to Carter, the main reason is that greedy Ethereum layer-2 networks are siphoning value from the blockchain, and that there is a social consensus that the creation of excess tokens in the Ethereum ecosystem is okay. The analyst said ETH died by its own hand because it had been buried “in an avalanche of its own tokens.”

Analysts Blame L2s, VCs, Bitcoin Maxis

Responding to Carter’s tweet, Thompson asserted that the social consensus that found the excess token creation okay happened because the emergence of endless layer-2 chains, staking, and restaking protocols enriched the pockets of developers and team members. However, now that the situation has turned awry, no one wants to admit that the concept was wrong, especially with the market saying it was a mistake.

Furthermore, a pseudonymous analyst insisted that “Solana scammers” and Bitcoin maximalists cheered the creation of excess tokens on Ethereum. Since venture capitalists could not “shill” ETH, they had to sponsor the development of infinite layer-1 networks so they could dump on retailers.

“If we would all come together around ETH as a community, it would be inherently strong and wouldn’t need outside banks or institutions. But bitcoin maxis were and are too afraid of it because it’s everything bitcoin(number go up and down coin) wants to be,” the analyst said.

At the time of writing, ETH was worth around $1,830, having lost almost 50% of its value from a year ago.

게시물 Is ETH Dead as an Investment? Analysts Weigh In 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.