😱 "If you have Ethereum you are in trouble"
The negative outlook regarding investing in ETH is from the analyst under the pseudonym "Duo Nine".
Among his arguments are aspects such as increasing competition. Particularly, with the launch of Unichain network, from Uniswap.
He also claims:
The reason Ethereum has value is due to its fees that generate demand for its native token. At the time of this publication, a simple token swap costs more than 10 dollars. ETH is living on borrowed time, as users are abandoning this expensive chain with all justice.
More of his analysis here.
Tell us: do you agree with Duo Nine?
💯 = Yes, ETH is in trouble.
😡 = No, ETH is too big to fail at this point.
🔥 = It is very likely.
👀 = I have no idea, I am all for Bitcoin.