Alfalfa Podcast cover image

11. Ethereum | The Greatest Trade of All Time, the Triple Halving, & Why Number Go Up

Alfalfa Podcast

00:00

The Supply and Demand Dynamic of ETH

Eric Schmitz: I think with ETH, what everything that Stephen and Nick and you said earlier is going to push the price of ETH higher. We've talked about supply at length, but I could talk about the demand. The demand right now, 42% of all ETH burn is based off of NFTs. But as we evolve and like, you know, I think 26% of ETH burned is off DeFi. Like the demand for ETH is also going to rise in my opinion, just because you're seeing like how much demand there is just for freaking profile pictures. So if you take supply down and demand up, of course price is going to go higher.

Play episode from 41:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app