Ethereum SERIOUSLY Under Valued! [Crypto News 2021]
Ethereum is seriously undervalued at its
current market cap this cryptocurrency still has a lot of room to run and even though we're going through this kind of bearish moment in the markets right now ethereum is ready to just explode over the coming years in this video i'm gonna give you some statistics about why i think ethereum as an asset is criminally undervalued at the current prices and if it goes down even farther well it'll be even more undervalued than it is right now my name's lark everyday i make videos talking about cryptocurrency investing so if that's a topic that you would like to learn some more about make sure that you subscribe to the channel gently tap on the thumbs up button don't be brutal just a gentle tap guys that's all it takes and of course click on the notification bell to know when i put out a new video so let's go ahead and jump into this topic real quick.so ethereum currently the market cap
235 billion dollars that's a lot of billions you might think well hey come on lark really is it is really that undervalued i mean that's a pretty big market cap well it was almost of course it was actually more than twice that market cap recently was around a half a trillion dollar market cap not so long ago i remember the days i remember the days that being said that's the current market cap of ethereum and what's interesting and i want to tlak about as a comparison here is actually paypal now paypal is one of the world's biggest uh online payment providers so how does ethereum stack up versus this payment giant well currently the market cap of paypal 344 billion dollars so we can see right there ethereum is worth uh you know a billion dollar 100 billion dollars less.Than the paypal company is worth they
might think okay that's a pretty bad comparison
paypal it's such a huge company it does so much more business than ethereum but does it but does it well let's dig into the facts here but before we do that just a quick note if you want to earn some safe and simple passive income you need yourself a block fi account five percent apy on bitcoin 4.5 on ethereum up to 9.3 on stable coins and of course if you get the new hot bitcoin rewards block fi credit card you not only of course get those bitcoin back rewards every time you swipe your credit card but also an extra two percent earnings on your stable coins which is totally freaking crazy sign up using the link down below in the description and you'll get up to a 250 dollar bitcoin bonus as well exclusively by using that link so great way to get some free bitcoin and to start earning some passive income.
0 Comments