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Ethereum Trades Flat Over 9 Years, 14% Below Its 2017 High Once Inflation Is Counted

Ethereum Trades Flat Over 9 Years, 14% Below Its 2017 High Once Inflation Is Counted

Bearish
ETH
Bitcoin

Pseudonymous trader Pentoshi has branded ether a cursed asset stuck in a lost decade, arguing the token sits near the same level it traded nine years ago and, adjusted for inflation, about 14% below its 2017 high.

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The original article is written in English.