Two Prime ditches Ethereum for Bitcoin, citing ‘meme coin’ behavior

Two Prime has eliminated its Ethereum exposure, stating it behaves more like a ‘meme coin.’ ETH’s 51% decline this year contrasts sharply with Bitcoin, which is nearing its record price.

Two Prime emphasizes Ethereum’s loss of institutional appeal and mention competitors like Solana as better alternatives for speed and utility, marking a significant shift in investor sentiment.

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