ETH leading the alt season? - page 2.

Odusko

hero member

Activity: 1134

Merit: 528

Leading Crypto Sports Betting & Casino Platform

Quote from: Charles-Tim on January 06, 2025, 10:34:19 AM

It is very obviously known that ether can not lead the alt season. There are many altcoins that win pump more than ether. But when the bear market comes, they will also dump more than ether.

According to most analysts, they think ether will not pump like how it did in 2021. This time is different. Also other coins are competing with ether.

I thought when we used the pump on a coin it means all those shit coins that their prices could go from zeros to 100 and back without pumping again, those are the real gambler coins, Ethereum is for sure the king of the altcoins, it may not have such huge price pump like the other coins who's volatilities are high, but Ethereum have constantly followed Bitcoin in all the trends, checks current Bitcoin market, you see s slit bull market, for Bitcoin and the price is headed 102,000 plus who's prices is closing in at $3,693 with a 1.85% positive market demands chart, which means that Ethereum is closing in on Bitcoin in demands and in no time it will get to Bitcoin position in terms of buy order pressure.

Accardo

hero member

Activity: 1344

Merit: 568

Leading Crypto Sports Betting & Casino Platform

Quote from: Charles-Tim on January 06, 2025, 10:34:19 AM

It is very obviously known that ether can not lead the alt season. There are many altcoins that win pump more than ether. But when the bear market comes, they will also dump more than ether.

According to most analysts, they think ether will not pump like how it did in 2021. This time is different. Also other coins are competing with ether.

Wouldn't it be unrealistic to watch other alts doing great and eth on decline? The alt market is likely to grow together. The 2021 bull run for Eth was quite massive, and they could do it again with the right changes. Moreover eth still has lots of people who holds it, and while on top of other alts whatever growth on the altcoin market will make impact on Eth's price.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

It is very obviously known that ether can not lead the alt season. There are many altcoins that win pump more than ether. But when the bear market comes, they will also dump more than ether.

According to most analysts, they think ether will not pump like how it did in 2021. This time is different. Also other coins are competing with ether.

Sanitough

hero member

Activity: 2954

Merit: 719

Quote from: Accardo on January 06, 2025, 09:33:46 AM

And when that happens, it may work this way, since Bitcoin didn't enforce changes on alts, Eth might lead the alts bull run, I mean all other alts moving alongside Eth not Bitcoin anymore.

With all the changes being reported, will it actually solve the issue of ETH's high transaction fees? If not, I don’t see ETH leading the altcoin market anytime soon. When demand for ETH and its tokens spikes, the network tends to get congested, and those sky-high fees come back. At that point, investors might avoid transacting altogether because the fees are just too ridiculous to make it worth it.

Accardo

hero member

Activity: 1344

Merit: 568

Leading Crypto Sports Betting & Casino Platform

Unexpectedly in this recent market observations, the bull season had little impacts on the number 1 altcoin Eth. Whatever is the reason to this backlog I'd have to add up few research of mine, according to this article, the main reason that affected the growth of Eth is the migration of projects like Uniswap, Polymarket, and Ens to another network, due to the eth gas fee and inability to scale. Additionally, the vitalik Buterin decision of moving the network to Layer 2 was criticised in same work as a fatal mistake - as it'll do no good for Ethereum. This was backed with the disadvantage of switching a project from different network, which dampens viral growth

However that's all with the writer's idea, there's a move to allow people to run nodes in the network - the integration of solo staking, and the reduction of the minimum Eth needed for participation from 32eth to 16 or 24eth. Vitalik's choice of making the network decentralized would convince investors to consider picking eth as a number 1 choice, also that's the reason why I should look into the argument of some analysts who think eth would move in 2025.

And when that happens, it may work this way, since Bitcoin didn't enforce changes on alts, Eth might lead the alts bull run, I mean all other alts moving alongside Eth not Bitcoin anymore.

Topic: ETH leading the alt season? - page 2. (Read 253 times)