1confirmation Founder Claims ETH Has 333x Upside Potential
Nick Tomaino, the founder of 1confirmation, stated on the X platform that the investment value of ETH lies in its role as a trusted and neutral store of value, potentially reaching a market size of $100 trillion. Currently, the market size of Ethereum is about $300 billion, theoretically leaving a 333-fold upside potential. In the market, only ETH and BTC compete as "trusted neutral stores of value," while other tokens are essentially "company coins" that rely on insiders to drive prices and specific jurisdictions. Ethereum is the most socially scalable ecosystem in the crypto space, with serious developers inclined to build applications on it. Robinhood Chain, as an L2, has expanded the network effects of EVM, facilitating the distribution of ETH, and many early ETH participants have started using Robinhood Chain, further reinforcing the network effects.
-- Price
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