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Htp96
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Bullish
ETH this season is being rated quite low because the current price is lagging behind other blockchains.
However, if you look at the TVL on defilama, ETH surpasses 10 other blockchains combined.
This proves one thing: ETH is still king and the members in it are all OGs and truly very wealthy.
Current L2s are merely parasites on ETH, and I don't rate them very highly. Meanwhile, the current L1s have low fees and are superior.
Users' behavior on ETH is also more loyal when holding coins.
The tech segment in ETH is extremely superior with DeFi products; however, the Meme segment is quite scarce, or in other words, has much more potential.
Last season we had $SHIB, and this season we have $NEIRO CTO and $PEPE.
I still believe ETH will continue to be bullish and am looking for the next PEPE coming up.
As a holder of 60% ETH, I hope for $ETH 5000$ this season.
However, if you look at the TVL on defilama, ETH surpasses 10 other blockchains combined.
This proves one thing: ETH is still king and the members in it are all OGs and truly very wealthy.
Current L2s are merely parasites on ETH, and I don't rate them very highly. Meanwhile, the current L1s have low fees and are superior.
Users' behavior on ETH is also more loyal when holding coins.
The tech segment in ETH is extremely superior with DeFi products; however, the Meme segment is quite scarce, or in other words, has much more potential.
Last season we had $SHIB, and this season we have $NEIRO CTO and $PEPE.
I still believe ETH will continue to be bullish and am looking for the next PEPE coming up.
As a holder of 60% ETH, I hope for $ETH 5000$ this season.
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