Rover

“This is like 1971 when the dollar left gold.” Tom Lee: “very high probability” $ETH flips $BTC. Ethereum is becoming Wall Street’s new tech stack. 📈 $BMNR $SBET $GLXY

This is one of the most commonly repeated and stupid takes I see on CT. Often said by those that are either genuinely clueless to the state of "the market", or being disingenuous. Up until now, what "the market" thinks DOES NOT MATTER. I've created a simple illustration to show what "the market" has been up until now (2016-2024) and why previous price action is not to be taken seriously. ETH doubters love to dismiss the idea of fundamentals mattering by parroting some variation of: "the market has decided BTC is a better SOV" "market has decided because ETH/BTC ratio" "market has decided VC alt L1 is better than ETH" "the market has decided ETH needs to [insert backfilled narrative] to be valuable" What the "market" thinks can be disregarded when you realize the entire crypto space up until now (pre 2025) has just been one giant joke of a casino, all driven by speculation, dominated by this small subset of investors: 1. Crypto VCs/hedge funds/founders trying to pump their own bags. 2. Saylor infinite bidding billions into BTC since 2020. 3. Uninformed retail driven by greed chasing after the next BTC/ETH via ICOs, NFTs, and meme coins. None of those 3 categories of investors (which was basically the entirety of the crypto space outside of developers) had any incentives to buy ETH, simply because it's more profitable for VCs to invest in projects they can get in at seed rounds, and low cap memes/tokens were more enticing to retail dreaming for a 100x. This all happened in a hostile regulatory environment, where crypto basically had zero non-speculative use cases, no ETFs, and no legitimate adoption. After a decade of the above clown show we are finally entering a new era of regulatory clarity under a pro crypto administration, and real adoption via RWA tokenization+stablecoins from some of the world's largest institutions/entities. Where is the overwhelming majority of that adoption taking place on? The answer is Ethereum and the ticker is $ETH. Information asymmetry exists and crypto is still an incredibly small and inefficient market. Still don't believe me after seeing this photo? Go ask 100 random people on the street how many have heard of Ethereum and actually know what it does vs if they've heard of Bitcoin. For the record it took Tradfi almost 15 years just to finally understand a simple asset with no utility like BTC. TLDR: Last decade of crypto markets took place during operation chokepoint 2.0, had no adoption, and was just a small bubble of grifters and clueless retail investors fighting each other for exit liquidity. Real adoption is just beginning and Ethereum is the default choice. Disregard anyone that thinks this highly esteemed "market" from the past decade is what decides the future of Ethereum. Tag anyone you know that loves to bring up "the market" and "ETH" in the same sentence.

Evil

As tired as you might be of seeing us post about sirens sounding, our civilians are more fed up with running to shelter every time those sirens sound.