🔶Tuur Demeester from Adamant Research warned about a possible drop in Ethereum’s value to 0.03 BTC. On Binance, the ETH/BTC pair currently stands at 0.043 BTC, which is 15% below its 2024 peak.
🔶Ethereum’s popularity surged in 2017 due to ICOs, but ETH later lost 80% of its value relative to BTC. In 2021, the network saw a revival thanks to NFTs, though the ETH/BTC pair only reached its peak in December.
🔶Nick Tomaino, CEO of the crypto investment firm 1confirmation, predicted that Ethereum will surpass Bitcoin in market capitalization once its full potential is recognized.