The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.
What is your view and your opinion about Ethereum? You can share if you want.
No Doubt. For me, Ethereum still becomes the best altcoin. It is also one of the most promising and potential cryptocurrencies after Bitcoin. So, I have no doubt that this coin will exactly rise up, pass the previous ATH, and much worth it for long term holding.
Now, the price of ETH has been rising up and follow Bitcoin trend.
Here, from the chart, we can see that at least, ETH has been rising up more than 10% during this week. So, this is exactly promising right? Even there may be another crash later because of market correction of the impact of ETF, but I am sure that ETH will always be able to rise up again later.
just wait until ETF gets approved which right now getting delayed many times but eventually it will get approved just like bitcoin after all ethereum is just as reliable as bitcoin when it comes to be utilized for investment.
when ETF gets approved im sure it will bring good news and positive price breakthrough to ethereum and its L2. added with the fact that ethereum is just being utilized more than ever right now literally the blockchain is clogging with transactions right now.
just imagine bitcoin ETF becoming hits where it could gather more investor than ever added with ethereum ETF gaining traction to go high just like bitcoin it will be overall great landscape for cryptocurrencies.
though im kinda worried that the recent bullrun is going up so fast it might pose a risk of being corrected as you have stated.