I'm extremely disappointed that CT and retail seems to completely fade $ETH while institutional investors are buying in so cheaply right now. I think this might be a historic fumble in hindsight, especially with the following catalysts going on right now:
- @worldlibertyfi buying
This will be a historic $ETH shakeout. One made for the history books. No way the thousands of people and companies building on #Ethereum will let $ETH die.
Solana is a VC chain
Nothing will ever be able to "fix" that.
If you are working on Solana, you are actually working for a bunch of VCs that got access to $SOL in a private funding round.
You are not working on a decentralized network.
If you don't realize how incredibly bullish this is for #Ethereum and $ETH, I'm probably the right account to follow.
I think it's likely Ethereum will have 8/10 of the most active and profitable chains in crypto settling on it end of this year.
if $ETH were to go up like last cycle compared to $BTC, ETH/BTC would be at 0.146.
At the current price of $BTC this would result in $15.2k per $ETH.
If we assume $BTC will go up to at least 150k, $ETH could go as high as $21.9k just by performing like last cycle.
This honestly feels like the final $ETH shakeout. People that didn't sell here probably never will.
How ironic would it be if Trump now announces a crypto reserve that includes $ETH?
Oil ~$136T
Gold ~$20T
ETH ~$0.22T
$ETH is the only asset in existence that can be:
- digital oil
- digital gold
- productive (offer yield)
all at the same time.
It is the asset with the single most potential upside in human history.
At some point $ETH has to break out.
It's simply math.
Tom Lee bought ~$1B worth of $ETH for like 10 weeks straight...
Together with ETFs and other DATs, > 1% of the $ETH supply is being bought up every month with exchange reserves at all time lows.
$ETH is inevitable
A company called 'SharpLink Gaming' has announced a $425 million strategic Ethereum reserve strategy ๐
ConsenSys is the lead investor with @ethereumJoseph joining the board of the company.
The ticker is ETH!