BCGAME - Free 5BTC Daily Bonus!Peter Brandt, an experienced cryptocurrency trader and analyst, shared his view on the two biggest cryptocurrencies on the market, Bitcoin (BTC) e Ethereum (ETH), highlighting that ETH may not even be listed in the future.
In a frightening prediction, Brandt highlighted that the cryptocurrency Ethereum may “not even be a listed asset in 10 years”, causing concerns in the crypto community. The statement came when the analyst compared ETH to BTC.
Brandt published a recent post in which he stated that the Ethereum cryptocurrency is not a comparable store of value compared to Bitcoin, in addition to highlighting his lack of understanding as to why traders often choose to HODL the currency.
“Ether ETH is not comparable to BTC as a store of value. Why hodl ETH when you can hodl BTC. And ETH's functionality and gas price make crypto a piece of junk. My prediction is that ETH may not even be a listed asset in 10 years,” she wrote.
Ether $ ETH is not comparable to $ BTC as a store of value. Why hodl ETH when you can hodl BTC
And the functionality and gas price of ETH make the crypto a piece of junk
My prediction is that ETH may not even be a listed asset in 10 years https://t.co/4WQ7wnFWEO- Peter Brandt (@PeterLBrandt) December 14, 2023
At the time of publication, the Bitcoin price it was quoted at US$42.776,77, down 1.0% in the last 24 hours. Ethereum was trading at US$2.274,30, down 1.0% in the last day.
Will Ethereum surpass Bitcoin in 2024? JPMorgan analysis
In a surprising prediction, JPMorgan highlighted its belief in Ethereum (ETH) outperforms Bitcoin (BTC) in the next year. The banking giant believes that ETH will surpass BTC as well as other cryptocurrencies by 2024, according to information recently published by The Block.
According to the publication, in a note JPMorgan analysts, led by Nikolaos Panigirtzoglou, stated: “We believe that next year Ethereum will reaffirm itself and recover market share within the crypto ecosystem.”
“The main catalyst is the EIP-4844 or Protodanksharding update, which is expected to occur during the first half of 2024. We believe this update will likely be a major step towards improving Ethereum network activity, thus helping Ethereum outperform” , he highlighted.
