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Ethereum is the king of altcoins, meaning that the demand for Ethereum must be very high. That way more and more people will buy Ethereum,
I also doubt Ethereum can go down again to the price of $ 800. That's why when Ethereum dropped below $ 2000 a few days ago, it can now
quickly recover by going up again to $ 2400. Cardano's performance is almost the same as Ethereum, which Cardano has also experienced
a very drastic price increase this year, I doubt Cardano will ever drop to $ 0.5 again. In conclusion, investing in Ethereum and Cardano is very profitable.
True and the tokens that are under ethereum blockchain is so many basically we lost count and those coins all paired with ETH you can imagine that ETH demand not gonna go anytime soonCardano also doing very well, many youtubers in crypto actually hype it up saying it's a good project and i personally think it is but people can have different opinion. ETH on the other hand still have ETH 2.0 coming up that make it more functional, scalable, and all. if ETH could get dumped to $800 i'll be scratching my head since it doesn't seem to be happening in real world scenario.
There are many factors that make me optimistic that Ethereum will not fall to $800. As you said, that ETH 2.0 has not been officially released,
if until ETH 2.0 is released I really believe the price of Ethereum will go up drastically. Another factor is that the Ethereum platform still uses a lot,
even though Ethereum gas fees are very high compared to BSC. Still a lot of new projects are popping up using the Ethereum platform,
This is what ultimately led me to believe Ethereum's price won't drop to $ 800 again. Even though many YouTubers say Cardano is a good project,
that doesn't mean we just believe it. Because Youtubers actually can't be trusted, they are more concerned with adsense, so sometimes
they don't provide valid information. We'd better do our own research and analysis to make sure that Cardano is a good project.