The Head Of Ethereum Questions The Value Of Cryptocurrencies!
Wed 16 Oct 2024 ▪
3
min read ▪ by
Péter Szilágyi, one of the key figures of the Ethereum Foundation, recently stirred the waters by expressing his concerns regarding the current valuations of cryptocurrencies. While ERC20, NFTs, and meme coins sometimes trade for millions of dollars, Szilágyi calls for a step back. For him, the question is simple: what is the real value of these assets in an ecosystem that advocates decentralization and innovation but seems beset by rampant speculation?
Valuations that Defy Logic
Szilágyi observed a worrying trend: investors are flocking to increasingly eccentric…
