SΞA 🐸|3月 04, 2025 12:35
Looking at the ETH/BTC exchange rate
I fell into a long contemplation
The first wave of rise was the 2017 ICO frenzy
The new project is priced in ETH
ICO foam bottoms 0.01615 after disillusionment
The second wave of rise begins with DeFi Summer
And continue into the NFT and Web3 craze
ETH as a gas consumption essential
Reached the peak of 0.08182
At this moment, we are in the post Web3 narrative bankruptcy cycle
And Bitcoin and Altcoin going their separate ways
Today is 0.02502
Open the form I have recorded
See ETH purchase price of 1519.46 from 2022-2023 to early 2023
Holding for a full 2 years, the yield is only+38%
BTC purchase price during the same period: 21181.62
At that time, the exchange rate was 0.0717
Has it reached the end
don't know yet
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