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The Daily Hodl 2023-08-08 11:45:50

Bloomberg Analyst Predicts Mass Die-Off of ‘Zombie’ Ethereum (ETH) Competitors

Bloomberg Intelligence’s crypto market analyst Jamie Coutts is warning that Ethereum (ETH) competitors may soon fizzle out. Coutts tells his 5,938 X followers that ETH competitors put up abysmal second-quarter financials this year, which he says indicates these projects are likely doomed. According to Coutts, there are similarities between “zombie” companies traded on the stock The post Bloomberg Analyst Predicts Mass Die-Off of ‘Zombie’ Ethereum (ETH) Competitors appeared first on The Daily Hodl .

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