Don't Panic: Ethereum's Dip Could Be a Huge Opportunity

For the year, Ethereum (CRYPTO: ETH) is now down 17%. That includes a flash crash in early February when the world's second-largest cryptocurrency lost 20% of its value literally overnight. That rapid decline comes on top of mounting concerns that Ethereum has been underperforming the market for months now.Understandably, some crypto investors are already hitting the panic button. The short-term outlook for Ethereum doesn't look great. But if you zoom out and consider the long term, this could be a huge buying opportunity for Ethereum.Yes, new blockchain upstarts are nipping at Ethereum's heels, but by just about any metric, Ethereum is still the clear market leader in the Layer 1 blockchain segment. It is still the go-to blockchain for decentralized finance (DeFi), for example, where it controls 54% of the total market share. And it has a firm foothold in just about every niche of the blockchain world.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool