ETH will hit a record high at the end of the year!
Ethereum ETF expected to drive ETH price significantly higher by year-end
Three main reasons why prices are soaring
1. Minimum inflation rate: Due to the widespread use of Ethereum-based applications and the small amount of ETH created every day, the inflation rate of Ether is effectively zero.
2. Cost-Effectiveness of Staking: Unlike Bitcoin miners who need to sell BTC to cover operating costs, there are no significant direct costs for those staking ETH.
3. A large amount of ETH pledged: About 28% of ETH is currently pledged and locked, effectively removing it from the market.
Observations: wld, sats, FIL, pepe, floki, wif....
If you have investment intentions in the near future, please comment "8" to come and communicate with me; Brother Chuang has screened some high-quality coins that are about to explode.
Click the avatar to follow Brother Chuang, and share spot and contract strategies for free.
I will do my best to take you through the storms of the market and find your own investment path.
Left below: 666. Share it with you! ! ! !
