evmlion.eth

#EVMavericks matrix 🦁 577 🦇🔊

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@DonAlt this. 100%. this industry has earned it unfortunately.

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@StonkChris this is what everyone thinks and expects. and that is why I think that might be wrong

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Why is $ETH & crypto not performing?

It's very simple:

half of the folks left for AI stocks chasing quick returns

the other half is parking cash in oil waiting for the supply crunch taking the market down

apparently no one is long crypto anymore. this can flip back quickly

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@suppression___ no, the April sell off felt way worse. It was mostly $ETH only to the extremes we have seen. this time $ETH keeps up better with the market. There is a lot of growth, crypto, long duration weakness overall. So nothing particularly wrong with $ETH

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$ETH will go up when activity on Ethereum will further increase or global liquidity expands.

Simple as that. In the mean time focus on other aspects of life.

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@econoar the same as in software companies.

Just look at $TEAM $GTLAB $DUOL $PATH whatever software / SaaS company of your choice

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A frontier technology asset that is getting adopted is way more powerful than a store of value asset

$BTC maxis will eventually learn that as $ETH starts outperforming and the ratio won't ever look back

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For $ETH to be able to outperform it needs to be contrarian not the consensus that everyone holds in size

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how about $ETH - the triple point asset - eventually sends as the early money capitulates on it while scalability and institutional adoption are getting achieved

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@DCinvestor old $ETH money capitulating at the bottom. amazing

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@econoar u're back, david out

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With $ETH today you get to buy the industry of the future for the price of the past.

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Remember: There are people that rotated out of crypto into data center & semiconductor stocks making a killing there. These stocks are getting expensive while crypto is depressed providing the perfect set up for a rotation back. When $ETH breaks 2450$ this market goes parabolic.

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@checkmatexxxxxx @cburniske update. Now down only 50% on my $TIA 😂

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Semis like $AMD & $INTC are already valued richly & due to rapidly decreasing inference costs can only capture a part of the emerging AI economy while Ethereum get's a chance at capturing the full scale of the bot economy.

$ETH is the ultimate AI bet.

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@brian_armstrong why not focus on getting Clarity approved?

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@ec265 $ETH will be everyone's SoV of choice in time

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next up: another 4 green months on $ETH - get ready

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Next six months on $ETH will print green again

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The AI trade has been sucking out speculative capital from crypto & $ETH

this is capital that will eventually return & will chase fewer $ETH available on exchanges

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I feel like the crypto valuations outside of $BTC are so extremely depressed that the path of least resistance is up from here

$ETH - soon 🚀