This is amazing.
First, ETH moves to Proof of Stake, but they keep fees high. The idea is that they can then use these fees to "burn ETH" and create "ultrasound money".
But then, they get clobbered by Solana with the low fees. So enter Phase 2. The new upgrade lowers fees and makes ETH inflationary again.
On top of that the ETH ETF is not going through and they are about to being declared a security.
This thing is headed lower, folks.
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James Van Straten
@jvs_btc
Ethereum looks like it's going to the grave.
A rejection of the spot ETF sends the ETHBTC ratio lower from 0.047 to 0.03 as a long-term projection
#Bitcoin
fees continue to outpace ETH, with very little activity occurring on BTC.
ETH has now transitioned into an inflationary…
さらに表示 fees continue to outpace ETH, with very little activity occurring on BTC.
ETH has now transitioned into an inflationary…
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