OGs will often look at #cryptoasset charts in $BTC terms, in addition to $USD terms.
If investing in any ERC-20s, I recommend looking at them in $ETH terms too, $ZRX and $MKR shown below.
If investing in any ERC-20s, I recommend looking at them in $ETH terms too, $ZRX and $MKR shown below.
$ZRX / $ETH & $MKR / $ETH both in beast mode, showing growing confidence in these projects relative to #Ethereum.
Could also be pricing in of the growing trend of "middleware protocols" looking to operate across multiple base layer chains, de-coupling from original parent chain
Could also be pricing in of the growing trend of "middleware protocols" looking to operate across multiple base layer chains, de-coupling from original parent chain
While $USD prices may feel relatively static in #crypto right now, there is a lot of underlying movement in the relative accrual of value between different projects. $BTC makes this clear, but it's also showing in other quality projects.
As we get deeper into this #crypto bear market, this shift of value will continue. Also, the projects that gain relative ground now should also be the first to lift when some air comes back into the markets.
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