I’ve been an Ethereum holder for years and have always been a huge fan. But, recently it looks like other platforms have been able to better solve the trilemma that faces cryptos - particularly thinking of Algorand and Solana here. On Eth, the gas fees remain high and pricing solutions seem to get kicked down the road quite a bit. Given the performance of other block chains/ cryptos I’d imagine people will soon switch to cheaper, more efficient platforms if this isn’t fixed soon.
Separately, the growth in meme/ liquidity coins on other block chains has made the variety offered by Ethereum less attractive - see for example, Shib on Eth versus Akita Inu ASA on Algorand. My concern is that people will trust these block chains for the memes and stay for the transaction fees
With that in mind, how bullish is everyone Eth long term and how are people spreading their portfolio with other leading cryptos?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments