Technology is still not there yet. There's no scaling solution anywhere in sight.
These valuations are for a product that does not exist.
If scaling miraculously comes then the price might hold, otherwise the transaction fees will grow up to a point that most small investors won't be able to make that 2nd layer entry transaction and will be stuck on the expensive 1st layer.
Technology is still not there yet. There's no scaling solution anywhere in sight.
These valuations are for a product that does not exist.
If scaling miraculously comes then the price might hold, otherwise the transaction fees will grow up to a point that most small investors won't be able to make that 2nd layer entry transaction and will be stuck on the expensive 1st layer.
The price will then crash.