«Ethereum will remain overvalued even if it displaced all the cards in the world»

Analyst Fred Krueger questioned the optimism surrounding ether ($ETH ) and pointed out that other networks record a higher flow of stablecoins.

Recently, ether recorded a new all-time high of nearly $5,000 per coin.

For Krueger, it is "a fantasy" to believe that Ethereum dominates the realm of stablecoins.