What are the ingredients for the next market price?
What are the materials that will drive the next market price??
Now that Bitcoin ETFs have been approved, the next thing that will attract attention is an Ethereum ETF. However, just as Bitcoin ETFs took time to be approved, it seems difficult for Ethereum ETFs to be approved immediately.
Currently, Ethereum has completed its Denkun upgrade and has succeeded in drastically reducing layer 2 fees.
It is true that this has made it easier for users to gather in the Ethereum ecosystem.
“Market driving materials”
・Ethereum ETF → Since it will rise in anticipation, I think the price movement will be as unstable as Bitcoin until it is approved.
・AI trend → AI demand is also flowing to cryptocurrencies, led by RNDR. However, I don't think there will be an inflow of funds to the extent that the overall market price is raised.
・Reheating of games and NFTs → 2021 was also enthusiastic about games and NFTs, and prices soared. After all, I think these are the keys to spreading to the public.
・Entry of institutional investors → As pension institutions such as GPIF enter, the inflow of funds will increase.
・Presidential election → If Trump is elected in the American presidential election, there is a possibility that Bitcoin investment will be promoted.
There's no end to it, but after all, I think the best thing is for a killer app that makes you think blockchain like 2021 will change the world. Personally, ETFs are a bonus, and I don't think there will be any essential growth unless technology evolves.
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