Many market pundits will say the Ethereum-Bitcoin ratio is pivotal, as Ethereum sets the pace for altcoins to follow. Ethereum is set to rally against BTC, which could spell great news for Ethereum tokens like Pepe Coin and the new crypto casino Rollblock. While some established Ethereum tokens like Pepe Coin are arguably past their sell-by date, others, like Rollblock, will be around for years to come as it brings the $500 billion online gambling to retail investors with its new crypto casino.
While the price difference is huge, the ratio matters. The BTC-ETH exchange rate is entering into territory last seen in 2021, and you can now get more Bitcoin for your Ethereum buck than you could since October 2021. Bitcoin is awesome; nobody disputes that, but it’s a store of value, not something to make wealth grow. Ethereum and other Ethereum tokens are where money goes to multiply. The cryptosphere is full of Ethereum tokens that spiked wildly, making their investors millions in the process. Cases in point: just look at the Ethereum tokens Shiba Inu and Pepe Coin! In fact, let’s look at Pepe Coin.
Pepe Coin is admittedly an anomaly, as it returned the highest crypto profits ever and, thus, arguably the highest profits of any asset since humans started trading stones and shells. However, Pepe Coin is not that much of an anomaly that it can be dismissed as an outlier. Ethereum tokens routinely outperform the market. Some spike high and fall – like Shiba Inu and Pepe Coin, while others just carry on growing.
These Ethereum tokens are the workhorses of the cryptosphere, and while many of them are memes like Pepe Coin, a lot of them do the heavy lifting for other projects and dApps. Rollblock comes to mind, where its RBLK governance
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