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WE’RE ON THE VERGE OF a MASSIVE ETH PRICE EXPLOSION… Said No One Ever: Ethereum’s 36% DApp Volume Surge Is Just the Beginning of NOTHING

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The eternal optimism of crypto bros never ceases to amuse me. They’re still convinced that Ethereum’s 36% increase in DApp volumes will magically translate into a corresponding rise in the price of Ether, despite their own network being plagued by stagnant active addresses and declining transactions.

Source: cointelegraph

Ether (ETH) has gained 7.5% since its drop to $2,396 on Aug. 27, but the 22% decline over the past 30 days indicates that investors remain uneasy with their positions. While Ethereum’s network activity is increasing, Ether’s price has yet to show signs of reclaiming the $3,800 levels seen in early June. The situation is even more concerning given that the altcoin market capitalization has decreased by 13% over the […]

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