Vitalik Buterin Proclaims an End to Explosive Growth as ETH Values Plummet: How Will Ethereum Recover?41.14

Ethereum prices have plummeted over the last week, experiencing a drop in value of over 30% amidst a bloodbath that has shaved $50 billion off the cumulative cryptocurrency market cap. With ETH prices hovering around the $200 mark, Ethereum co-founder Vitalik Buterin announced the end of the age explosive growth within the cryptocurrency industry.

Buterin’s statements, released to Bloomberg earlier this week at a Hong Kong blockchain conference, reinforce the Ethereum founder’s technologist perspective on the cryptocurrency market — Buterin has previously emphasized the negative impact of rampant speculation on the blockchain ecosystem.

Original source

Add comment

Please Sign in to be able to leave comments.