It's easy to curse an asset after seeing the chart. I bet that, during the 2025 bull market, plenty of "analysts" would be predicting $10k ETH.

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>>62390923
In the early days crypto promised to solve real problems and build positive sum products that people wanted to use. This past cycle demonstrated clearly that wasn't happening and the whole space was a negative sum game filled with pump and dump meme tokens.

And I also speculate all the technical people, or "people in it for the tech", who could have built/promoted genuinely useful products pivoted to AI. Who wants to talk about defi when a machine god may be being built.

>>62390944
I distinctly remember 10-40k eth and 200k+ btc being the meme in the early days of the last cycle.

the chart was amazing
then buterin went to proof of stake
the rest is history

>>62390944
correct