All right folks, here's the ETH hopium you're looking for. I'm sure you've all heard about the fabled Merge that will be happening next year around June. Essentially Ethereum will transition from Proof of Work to Proof of Stake. When this happens, the amount of ETH being created will be reduced by about 90%, and the total ETH supply will become deflationary (which means the supply will constantly be decreasing)
So why does this even matter? You know the Bitcoin halvings? Those groundbreaking, earthshattering events that kick off every bull run? The Merge is estimated to be about as bullish as three of those combined. That's totally mind-blowing. This means that ETH is going to have a bullish movement like nothing we have ever seen.
If demand remains constant, and supply decreases-as it will-ETH has to go up. That's simple supply and demand. And ETH's demand is going to be going up. With the rise of L2's and sharding, ETH isn't going anywhere anytime soon.
TL;DR: When ETH goes PoS it will be as bullish as THREE bitcoin halvings. That is absolutely crazy. ETH is going to have an amazing future.
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