ETH deflationary1 Sep 2021 21:40
ETH currently being burned at a rate of 4+ per minute. The “Ultrasound Money” app shows the burn in real time. Why do I mention this? The app mimics what will be the case post merge over to 2.0. As I write this, ETH will have a token issuance of -1.5% per annum (deflationary) based on current metrics. Supply and demand dictates that the scarcer the item, the higher the price. In my opinion, ETH will flip Bitcoin during 2022. Huge use cases, De-Fi, the bulk of NFT’s . . . list goes on? HODled ETH for 3 years now and intend to leave until at least 2025. Already 30x higher!! So much further to go, it’s not even scratched the surface. Listen to the analyst Raul Pal. Gives an outstanding case for ETH hitting $20K during Q1 2022! It’s on YouTube. The man is a billionaire investor with incredible insight. Well worth a listen. All in my own humble opinion of course. Good luck all. Don’t miss out ??