ETH continues to lose traction on their own narrative. Unless they pump gas fees they will continue to do so.

Nov 3, 2022 vs today. (Less negative on supply issuance since the mErGe) 🍿🍿🍿

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Correction, these charts are both since EIP 1559.

The US Dollar is more deflationary than ETH since the mErGe.

Can't mix up my facts when shaming them.

The market cap has really dropped. It’s fallen to just over twice as much as Tether. πŸ€”

I hadn't observed that one yet.

The ETH/BTC price since the merge has been a pretty steady drop though.