Ethereum - too big to fail
If you try to find top100 coinmarketcap coin list, you will be amazed by how many cryptocurrencies are now forgotten or even dead. Even 100M+ mcap coins die because they turn out to be merely speculative or scammy ventures. But one of the few that stayed on top of all the garbage was Ethereum.
It stayed on top of everything because it was the first crypto which created an ecosystem hosting multiple
"protocols" and tokens, which also helped crypto market grow not only in terms of market cap but infrastructurally.
So I believe it is now too big to fail, but not just because of ~400B. market cap but also due to how many project are based on top of EVM.
I think it might reach at least ~700B market cap during this cycle but later it will be among trillion mcap assets
It stayed on top of everything because it was the first crypto which created an ecosystem hosting multiple
"protocols" and tokens, which also helped crypto market grow not only in terms of market cap but infrastructurally.
So I believe it is now too big to fail, but not just because of ~400B. market cap but also due to how many project are based on top of EVM.
I think it might reach at least ~700B market cap during this cycle but later it will be among trillion mcap assets
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.