L2S greed is the reason that ETH is a “completely dead” investment: VC
One of the encoded capitalists says that the decrease in the appeal in ETHER (ETH) comes from the value of the Layer-2 drain from the main network and the lack of society’s spread over the creation of the distinctive symbol.
“Reason No. 1 of this is the L2S Siphoning from L1 and the social consensus that the creation of the distinctive excess symbol was A-OK”, Castle Island Ventures Nic Carter partner He said In the publication of March 28.
Al -Atheer “died in his hand”
“ETH was buried in a breakdown of her distinctive symbols. He died in his hand,” Carter said. In response to the claim of the founder of Laker Capital Queen Thompson, he said that the ether was “completely dead” as an investment.
source: Queen Thompson
“The maximum market network worth $ 225 billion is witnessing a decrease in transactions activity, user growth and fees/revenues. There is no investment status here. As a interesting network? Yes. As an investment? Certainly,” He said In the publication of March 28.
ETH/BTC ratio – which shows the relative strength of the ether compared to bitcoin (BTC) – sits at 0.02260, its lowest level in nearly five years, According to To TradingView Data.
At the time of publication, the ether is trading at $ 1894, a decrease of 5.34 % over the past seven days, According to To CoinmarketCap data.
Al -Atheer has decreased by 17.94 % over the past thirty days. source: Coinmarketcap
Meanwhile, Cointelegraph magazine reported in September 2024 that ETHEREM fee revenues had “collapsed” 99 % during the previous six months, as “extractive L2S” absorbed all users, transactions and fees revenues with contributing to the basic layer.
At almost the same time, the Cinneamhain Ventures partner Adam Kokran said that Rollups is based in the headquarters of Ethereum Layer-2 networks that pull liquidity and revenue from the basic Blockchain layer.
Kokran said that Rollups based on “can” directly affect the ethereum liquefy by making a major change in incentive structures. “
Related to: Ethereum Futures Premium Hits 1+ Low years – is it time to buy ETH bottom?
Despite optimism at the end of last year, the number of $ 10,000 in 2025 – especially after reaching $ 4,000 in December, was in the same month, Bitcoin touched $ 100,000 for the first time – it witnessed a sharp decrease in addition to the lowest lower encryption market.
Standard Charterd added the Habbiya expectations through a customer letter on March 17, which made an estimated review of the price of ETH from 2025 from 10,000 dollars to $ 4,000, by 60 %.
However, many encryption merchants, including stable merchants, Dr. Al -Rabah and Merlijn Trader are “madly bullish” and argue that Atheer is Be able to Be the “best chance in the market”.
source: Merlijn Trading
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