Ethereum

There's been lots of discussion around price recently. Here's my 2 cents: ETH is being majorly priced by actors who would otherwise never touch the outright fraud coins that are out there. Shit like OM that had 9 digit fdv but was controlled by some random small fish cabal - those are still considered 'alts' in this space.

ETH has attracted serious market participants capable of moving with size, and they are pricing as would favor them. Even if longterm bullish, as in let's say - trying to accumulate strategic ETH reserves for operating onchain infrastructure - a lower price right now would still be appropriate. A more risk-conscious pricing would still be appropriate. A pricing reflecting the massive uncertainty in global markets would be appropriate.

That being said, Ethereum can't just sit on its ass and wait "until they realize how good we are." Ethereum and its potential is still very poorly understood. What we're seeing from the market is a clear & simple message: 

"Show us what ETH can really do."

The problem with ETH's price is that early players can make a steady stream of profits from ETH while new players are hesitant to pay its high price, while the ETH Foundation has been too slow to upgrade the ETH narrative