$ETH

The biggest controversial topic in this bull market: Ethereum

Originally the focus of everyone's attention, now it has resulted in disappointment and even despair for investors.

The poor performance from 2023 to 2024 is one thing, but many steadfast believers have endured. However, during the Spring Festival of 2025, Ethereum fell directly from 4100 USD to 2100 USD before stopping.

Even the most steadfast beliefs are close to shattering; many retail investors are completely disappointed and are selling Ethereum, switching to holding SOL, XRP, SUI, etc.

In light of Ethereum's performance over the past two years and the foundation's inaction, many people are saying that Ethereum is dead.

Some even say that due to the meme tokens released by the Trump family, speculation has become rampant in the industry, creating a toxic environment, clearly turning into America's money pit for harvesting retail investors, while altcoins are performing poorly as well, thus, the crypto circle is also dead.