Down 62% From Its High, Is Ethereum a Value Play or a Classic Value Trap?

19.07.26 07:30 Uhr

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Devisen

1.534,1359 CHF 22,2020 CHF 1,47%

1.659,0704 EUR 22,5075 EUR 1,38%

1.409,8074 GBP 18,7944 GBP 1,35%

307.747,2729 JPY 3.796,7921 JPY 1,25%

1.893,9809 USD 23,9652 USD 1,28%

0,0007 ETH -0,0000 ETH -1,45%

0,0006 ETH -0,0000 ETH -1,36%

0,0007 ETH -0,0000 ETH -1,33%

0,0000 ETH -0,0000 ETH -1,23%

0,0005 ETH -0,0000 ETH -1,26%

It's not an understatement to say that the past 11 months have been rough for Ethereum (CRYPTO: ETH). After hitting a new all-time high of $4,954 last August, Ethereum has been in free fall. It's now down a whopping 62% from those highs.As a result, Ethereum has become a very polarizing investment. It has been so good, for so long, that it seems remarkably undervalued at just $1,800. Over the past decade, crypto investors have reliably been able to "buy the dip" on Ethereum.That might have been the case in the past, but is it still true today?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Quelle: MotleyFool