Ethereum (ETH) 5x ROI is good, but new 100x crypto tokens exist
Ethereum (ETH) rocketed from $881 in June 2022 to a high of $4,093 in March 2024, pulling a nearly 5x return. Sadly, ETH has been posting unspectacular price action, bleeding red in the past two months.
Worse still, the much-anticipated Ethereum ETF passed like a damp squib. As of mid-August, ETH was down nearly 16% on the monthly, with a smidgen yearly ROI of about 47%.
While ETH remains a stable portfolio anchor, it could be on track to close August in the red. Ethereum whales are reshuffling their trading cards to reinvest in new 100x crypto presales for better yields.