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

1.508,5365 CHF -3,3974 CHF -0,22%

1.632,0984 EUR -4,4645 EUR -0,27%

1.385,1552 GBP -5,8578 GBP -0,42%

302.801,0009 JPY -1.149,4799 JPY -0,38%

1.862,8369 USD -7,1788 USD -0,38%

0,0007 ETH 0,0000 ETH 0,23%

0,0006 ETH 0,0000 ETH 0,27%

0,0007 ETH 0,0000 ETH 0,42%

0,0000 ETH 0,0000 ETH 0,38%

0,0005 ETH 0,0000 ETH 0,39%

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