Ethereum’s True Value? Lower Than You Think

Ethereum’s True Value? Lower Than You Think
Ethereum’s True Value? Lower Than You Think

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Bitcoin Maximalist Samson MWW has criticized its value Ethereum priceThe ETH confirmation is still exaggerated, although the Bitcoin price is almost a quadruple since 2022. Jun3 CEO has indicated strictly disciplining the performance of higher encrypted currencies over a period of nearly three years.

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The price gap grows with the height of bitcoin

According to data, Ethereum is now at $ 1558, the same price in August 2022 of $ 1600. Meanwhile, Bitcoin increased from $ 21,500 to $ 82.302-270 % of the eye. The widening gap has only enhanced Contrasting MoW This ETHEREUM price is not associated with its basics.

MOW re -tweet on August 23, 2022 this week to emphasize his fixed position. His criticism focuses on display differences between cryptocurrencies. Bitcoin has less than 21 million total coins, while Ethereum includes 122 million trading icons.

“60 % of the flavor of the air” is aimed at ETHEREUM assets

Depending on the quotations of MW, about 72 million ETH code (about 60 % of the offer) was shown at the time of ETHEREUM. The creation of the distinctive symbol before the start of the general mining was a big problem for hikers in the encrypted currency for some time.

Perhaps, the maximum bitcoin suggested that if it is 21 million coins, all that is dedicated to ethereum will be as in BitcoinThen every leg of today is estimated at about $ 9,300. MOW once again targets investors at Ethereum, saying they are paying a lot for the asset that is exaggerated.

ETH is currently trading at $ 1,573. table: Tradingvief

Sensitive to macroeconomic powers

ETHEREUM recently fell to the lowest multi -year level of $ 1,380 against the backdrop of world trade war tensions. The cryptocurrency immediately wore $ 1,680 on April 9 after US President Donald Trump announced a three -month tariff in various countries, with China being the exception.

These movements clarify how both cryptocurrencies are still sensitive to the macroeconomic powers, even if they have different value proposals and market performance.

Ether down in the last week. Source: Coingecko

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Long -term campaign against Ethereum continues

This is not the first time that Ethereum is criticized. It was an audio against eth for years. In November 2024, investors have warned that Ethereum fate could have the same as their favorite symbols.

MOW, which Bitcoin is expected to reach a million dollars this year, told investors to sell everything, including Ethereum, and invest in Bitcoin instead.

The discussion emphasizes the deep differences in investment philosophies in the encrypted currency. While the maximum bitcoin like MWW focuses on scarcity and bitcoin “Digital Gold” The case, ETHEREUM supporters highlight the capabilities of the platform and ecosystems of the wider applications.

With the continued expansion of the difference between prices between leading cryptocurrencies, these discussions related to the relative value and appropriate pricing models attract more attention than investors and market analysts.

Distinctive photo from Reuters, the tradingView graph

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