THE STATUS OF ETH?
THE STATUS OF ETH?
Hi Guys!
Since September 1st, BTC is up 40%, SOL is up 100%, LINK is up 150%, MATIC is up 46%, DOT is up 30%. AVAX is up 31%. And ETH… ETH is up 16%. These are all large-cap tokens. Even DOGE is up higher than ETH (19%). ETH dominance is dropping to its lowest level since the 2022 summer crash, both against BTC and against other altcoins. If you look at past trends, ETH rises after BTC rallies, followed by other altcoins. This time, it seems ETH is being less left out. Does this signal ETH isn’t going to perform as strongly as anticipated in this next bull cycle?
Thanks
Bianka Travis Answered question November 10, 2023
Same thing happened during the last cycle. Eth lagged until it didn’t. People were talking mad shit, then Eth hit $5k.
Randula JLK Answered question November 10, 2023