@markfromdenmar_@Rujira_Intern
What happened to the 34k USDC in pending revenue? Currently, it is 5k.
Won't that 21K (29x0.70) need to generate much more buying volume in the price of $RUJI?
I'm a supporter of Rujira, don't get me wrong.
Let this sink in for a second:
You can buy $ETH today at the same price people were willing to pay back in 2017.
Back then, Ethereum was nothing more than an ICO platform.
Barely scalable.
Barely secure.
Just a dream.
Today - after 8 years of progress - with market uncertainty at its peak and Ethereum going through its own identity crisis, you can still buy $ETH at the same levels as in 2017.
Let’s quickly recap just some of the progress we had in the meantime:
- The Merge: Ethereum transitioned to Proof of Stake, slashing energy use by 99% and making the network more secure and sustainable.
- The Layer 2 Boom: Ethereum scaled modularly, with ecosystems like @base, @arbitrum, @Optimism, and more locking tens of billions in TVL.
- EIP-1559: A fee burn mechanism was introduced, giving $ETH the real potential to become a deflationary asset over time.
- DeFi Revolution: Founders like @haydenzadams, @kain, and @StaniKulechov turned on-chain finance into a multibillion-dollar reality.
- NFT Explosion: Digital art, brand engagement, and digital ownership fundamentally changed forever - all starting on Ethereum.
- Institutional Adoption: The biggest asset managers in the world filed for ETH ETFs, and firms like Blackrock are building on Ethereum to bring Real World Assets (RWAs) on-chain - a multi-trillion dollar opportunity.
- Developer Growth: The EVM developer ecosystem grew from ~2,000 in 2018 to over 20,000 today.
That's just scratching the surface. I could probably go on forever but I think the message should be clear:
Even if it often gets taken for granted -even if the behavior of the Ethereum Foundation can be criticized - the amount of real progress in Ethereumland over the last decade is remarkable.
The fact that you can still buy $ETH at 2017 levels?
It’s either the market’s greatest joke - or its greatest opportunity.
One thing is clear though:
Back then, Ethereum was a fragile smart contract platform for ICOs.
Today, it’s the world's leading decentralized settlement layer and nothing will change about that.
$ETH at these levels is criminal.
I'm honored to join the White House Digital Asset Roundtable tomorrow, representing Polymarket. Thank you to President Trump for the invitation.
This admin's commitment to collaboration with American innovators is revitalizing the American dream.
The future is bright 🇺🇸🦅
I am sorry if you went from Luna to Kujira and then to Rune:
Terra Luna - a ponzi that imploded
Kujira - leveraged user money, imploded
THORChain - used internal leverage to pump Rune, imploded
These Cosmos protocols had a real use case that worked until the team got greedy.