🔥💰 Ethereum on the brink of a historic minimum supply! 💎⚡
🎯 A key change in the ecosystem:
Since the activation of the EIP-1559 update in August 2021, over 3.9 million ETH have been burned. This is equivalent to over $7 billion disappearing from the total supply, making Ethereum a potentially deflationary asset. 🚀
👀 What does this mean for investors?
With the reduction in emissions after The Merge (September 2022), Ethereum produces less ETH than is burned in transactions and gas fees, especially during peaks of activity in DeFi and NFTs.
According to data from Ultrasound Money:
"The total supply of ETH is on track to contract, a unique dynamic in the crypto world." 📊✨
💡 Key lessons for investors:
1️⃣ Scarcity can increase value over time. 🕰️
2️⃣ Research the impact of updates on the crypto ecosystem. 🔍
3️⃣ Ethereum is not just a currency; it is the foundation of Web3. 💻
💬 Do you think Ethereum will surpass its all-time high with this deflationary dynamic? Let's talk in the comments! 👇
