Ether should be 55% lower and is facing tough competition from solana and other blockchains, JPMorgan strategist says

cryptocurrency 1 month ago
Ether's fair value is around $1,500 based on measures of network activity, a JPMorgan global market strategist has said. That's roughly 55% lower than Friday's price of around $3,470 for ethereum's token. Nikolaos Panigirtzoglou told Insider that the ethereum network is less attractive than the …
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