Castle Island Ventures Partner: L2 is too greedy, leading to poor performance of Ethereum.

DailyNews

1-01-01 00:00:00

ETH2,86%

BTC3,05%

Odaily News ETH/BTC Exchange Rate has reached its lowest level in nearly five years, with some investors even calling ETH a “completely dead” investment. Nic Carter, a partner at Castle Island Ventures, believes that “ETH died by its own hand” due to L2 being too greedy, leading to a decline in Ethereum’s trading activity, user growth, and fees/income. Ethereum can be viewed as a practical network, but “absolutely not” as an investment. (Cointelegraph)

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments