Ethereum
ETH
Target Name
Ethereum
Ticker
ETH
Strategy
long
Position Type
token
Current Price (USD)
-
Circulating Market Cap ($M)
-
Fully Diluted Market Cap ($M)
-
CoinGecko
Jason Kam
•
23 Aug 2024, 07:34pm
An oldie but a goodie covering thesis on why $ETH should outperform. A little dated now and missed the ETF pump + retrace but thesis still valid.
Think case for ETH outperformance seems strong atm:
Rotation from QQQ to chase underperformers.
ETH has no dumping from known gov / credit entity
ETH ETF should add marginal retail & insti flow
w/ more flow from BTC ETF rotation
w/ more flow from Gox flow
Maybe the space is indeed too overallocated or too poor & jaded to bid this thesis.
https://x.com/keyahayek/status/1793625480215806229
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