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Ethereum’s recent pullback could be a gift: Dynamo DeFi, X Hall of Flame

Ethereum’s recent pullback could be a gift: Dynamo DeFi, X Hall of Flame

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Source: Coin Telegraph

Dynamo DeFi isn’t expecting Ethereum to double anytime soon due to the ETFs but says the recent pullback could be a “gift.” X Hall of Flame.

The impact of spot Ethereum ETFs on Ethers price once trading starts might challenge the old saying “first the worst, second the best, suggests crypto analyst and educator Patrick Scott, also known as Dynamo DeFi.

The popular crypto personality predicts that Ether wont follow in Bitcoins footsteps, after BTC almost doubled its price soon after the spot Bitcoin ETF launched in January.

I’m not expecting the same sort of multiples immediately in a two-month period that we had with Bitcoin, Scott tells Hall of Flame from his car in a parking lot, shortly before saying, Hold on because a police car has pulled up behind him.

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Author: Ciaran Lyons