The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Ethereum is a much riskier investment tool than Bitcoin according to Morgan Stanley analysts who expressed their opinion about the prospects of the two biggest cryptocurrencies.
Morgan Stanley sees ETH investments as riskier ones because it expects Ethereum to weaken and lose the battle against other blockchains such as BNB Chain, Solana, Cardano.
In the latest Wealth Management report, the bank noted that putting money in Ethereum is a financial threat unlike investments in digital gold.
The competitive struggle between dominating blockchains is getting tougher. Such projects as Solana, Cardano, or BNB Chain can turn out to be stronger than Ethereum, so the latter one may suffer big losses.
Ethereum loses many points to its competitors: its scalability is poor, its blockchain is outdated, and the service is quite costly for new users. Moreover, Ethereum is less decentralized compared to Bitcoin.
The report by Morgan Stanley also suggests that Ethereum risks losing the smart-contracts market share as other platforms such as Solana and Cardano offer more convenient and fast solutions for investors.
Exorbitant commissions in the Ethereum blockchain scare new users off working on this platform. This fact also poses a risk to future demand and ETH scalability.
As of February 18th, ETH quotes declined again to 2,800 USD. Ethereum is unlikely to attract new investors unless it issues a new proof-of-stake protocol and updates the platform to version 2.0. Moreover, it risks losing its existing users who may opt for Solana or Cardano.
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