- THERE ARE A LOT OF EXPECTATIONS FOR ETH.
- WILL ETH RETURN TO POW NETWORK?
- That's right, many people are waiting for ETH to break ATH and set a new peak like $BTC or $BNB , and a few other coins have achieved that.
- Why can't ETH break through?
- Reasons:
+ ETH, having transitioned from POW, has lost 100% of the mining community, those who enjoy the thrill of mining those golden chain blocks on network $ETH .
+ Developers continuously release worthless updates, ETH being faster and cheaper —> means it will lose more value.
+ The project is old, nothing outstanding, and unable to surprise the market.
+ The development team is too conservative. Even knowing ETH is going in the wrong direction, they still insist on continuing.
+ BTC and other coins are sucking all the capital from ETH.
—-> Thus, ETH may not be able to create a new ATH in this bull run... and even may not have another chance.
- The only way developers, including Vitalik Buterin, can save it and make it shine again is to return to POW. This would create an unimaginable breakthrough in the cryptocurrency market, a large number of miners would return, making the market more vibrant. It would make investors realize that Vitalik Buterin can do anything for ETH, ready to admit mistakes and rebuild, but please don't be as conservative as now.