Now let's break down Vitalik's speech 🦄 at #Token2049 in detail. 1- The evolution of crypto adoption: From hype to reality In 2013, Bitcoin was considered the future of the entire financial system, right? However, as Vitalik pointed out, although it was the next big thing, high transaction fees became a major obstacle to mass adoption. 2- Blockchains as "digital concrete." Vitalik presented an interesting analogy: blockchains are like digital concrete, that is, the foundation for building things that can last. 3. Cryptocurrency isn't just about efficiency It's not just about saving a few cents on transactions, it's about offering new solutions to real-world problems. 4- Ethereum updates: Fewer fees, faster confirmation Ethereum has come a long way, and transaction fees have dropped from 10-50 cents to less than one cent! The merger and updates like EIP-1559 have shown how the user experience has improved dramatically.
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Just be patient and buy
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I think the perfect time to front run the possible July 2nd $ETH ETF launch is now: 1. Mount gox news spreading fear all over the timeline 2. Leveraged $ETH longs liquidated at the $3200 level 3. We have completely retraced the ETF approval candle to the $3300 level Ways to capitalize on the $ETH ETF launch ➡️Raw $ETH upside: Long $ETH on low leverage / Spot $ETH ➡️Memecoins: $PEPE, $MOG ➡️$ETH beta: $LDO, $ENS, $PENDLE, $ONDO, $ENA The downside is pretty insignificant if you're holding any of these positions spot. If the $ETH ETF does launch on July 2nd and/or we receive any S-1 changes from @BlackRock's filing all of these $ETH related tokens will experience pretty juicy upside. Chart is unrelated, my $ETH target is above $9k
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