THELOGICALINDIAN - Ethereum has done rather able-bodied over the accomplished 24 hours The accepted cryptocurrency surged 8 college in bristles account aboriginal during Thursdays trading affair This latest move has assertive some that ETH is on the border of a macro balderdash run that will end with the asset at new highs
According to “Joe007,” a banker that has verifiably fabricated dozens of millions while trading, this affect is incorrect.
Top Bitcoin Investor Doubts Ethereum Will Hit $1,400 High Again
In a animadversion shared on July 21, Joe007 said that he doesn’t anticipate Ethereum will anytime revisit its highs again:
The broker has continued been a analyzer of Ethereum’s narratives, abnormally DeFi and ETH 2.0.
He ahead said that he thinks DeFi is a marketing arrangement for the asset that provides little axiological value. It was added that DeFi is additionally a “Rube Goldberg machine.” In agreement of ETH 2.0 and staking, Joe007 has commented that it is a “scam” by the developers.
It is important to agenda that Joe007 is largely anti-altcoin.
The affect that Ethereum won’t ability new highs has been echoed by Avi Felman of BlockTower Capital:
Bulls Beg to Differ
This latest animadversion from the investor, as aforementioned, comes as added and added investors accept amorphous to apprehend new Ethereum highs. Joseph Todaro, a managing accomplice of Blocktown Capital, said in June:
Placeholder Capital’s Chris Burniske has additionally commented that Ethereum could ability $7,500 in the accessible balderdash cycle. He said that ETH will billow due to its on-chain economies and it actuality apparent as the “new kid on the block” by retail.
