Perspectives on Ethereum’s Performance in the Current Bull Cycle: Skippoors vs Waitooors
The debate among investors about whether this bull cycle will skip Ethereum has been ongoing since September 2023. Some believe that Ethereum will underperform Bitcoin or barely beat it, leading to a muted performance for the popular cryptocurrency.
One perspective, held by some Ethereum bulls, is that this cycle will indeed skip Ethereum. They attribute this to Ethereum going through an awkward phase, trying out new technologies like Layer 2 solutions. While these solutions are seen as the future of scaling decentralization, they may not be attracting the new buyers of ETH, such as meme coin enthusiasts and traditional finance investors.
On the other hand, there are those who firmly believe that the ETH bull is coming. They point to Ethereum’s profitability, strong monetary economics, and the development of technologies like zkEVMs and L2 solutions. They argue that Ethereum’s position as the root chain for numerous other chains will ultimately lead to a surge in value and adoption.
Ultimately, the question remains: will Ethereum be skipped in this bull cycle, or will it see a significant rise in value and adoption? The perspectives of the “Skippoors” and the “Waitooors” offer contrasting views on the future of Ethereum in the current market. Which side are you on?
