Are you considering to buy Ethereum, but are not sure why? Here i have a 3 reasons why you should consider to buy ETH in 2022, even after its awesome 200% run-up in 2021.
- It is the 2nd largest crypto market by market cap.
- In terms of DeFI, 62% of the total value locked is on the Ethereum blockchain, that's $148B
- Since the last upgrade, alot of ETH is being burned, almost the same amount as that produced. Therefore it is likely to become deflationary. Check here.
Thanks for reading guys and back the bus up on ETH! :-)
What reasons do you have for buying Ethereum and why?
Let me know in the comments.