Vitalik Buterin revealed that his Bitcoin holdings comprise under 10% of his total assets, indicating his strong preference for Ethereum. This response came after recommendations for crypto investors to diversify with at least 10% in Bitcoin.
As of recent data, Ethereum’s price has increased by 4% in the last 24 hours, trading at 3,403 USD. However, many observers worry that Ethereum is lagging behind Bitcoin’s more substantial gains.
Concerns are growing about Layer-2 networks affecting Ethereum’s market cap. Buterin is advocating for measures to enhance Ethereum’s value, such as gas fee burning and staking strategies to attract more investment in the ecosystem.
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