HomeCoinsAltcoinEther more "like a Memecoin," says trading company, as an ETH by...

Ether more “like a Memecoin,” says trading company, as an ETH by 45% YTD

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Since the worth of Ether has to struggle in the primary quarter of 2025, Two Prime, an investment advisor based within the USA, has reduced support for ETH and only adopt a technique for Bitcoin.

After Two Prime had achieved 1.5 billion US dollars in Bitcoin (BTC) and Ether (Eth) previously 15 months, two prime decided to pay attention the ETH only on BTC assets management and loans, the corporate announced on May 1.

“The statistical trade behavior, the promise of value and the community culture failed beyond some extent that’s value including,” said two prime numbers.

The changeover of the corporate to a Bitcoin approach comes since the ETH lost 45% of its value from yr to yr. Some optimists speculate that the ETH could also be near the bottom and can soon reverse its negative trend.

“Ether isn’t any longer predictable”

“As an algorithmic trading company, we appreciate data greater than stories,” said two Primes, adding that the information “suggest that the ETH has modified fundamentally”.

In addition to the dismissal of Bitcoin, Ether has now not turn into predictable, argued two prime numbers and added:

“It is now more like a Memecoin than like a predictable capital. Even in the course of the turbulence of Q1 2025, Bitcoin remained in its fundamental behavior, while ETH recorded several multi-standard deviation movements.”

Two prime numbers then said that such conditions generate headaches for each algorithmic trade and for ETH-Back loans, because the asset isn’t any longer predictable:

Two Prime was founded in 2019 by Alexander Blum and Marc Fleury and is an investment consulting company registered with the US Securities and Exchange Commission. The company has been offering industrial and lending services for BTC and ETH for six years.

Community fires back: ETH Bottom Signal

The critical remarks from Two Prime to Ether quickly triggered the community's answers, with many considering the news as one other basic signal for cryptocurrency.

“What a delayed declaration of essay,” wrote a market observer about X and quoted the high volatility of the S&P 500, which fell 4.7% YTD.

Source: Semb

“Never heard of them before. It appears to be irrelevant,” said one other commentator and expressed whether the community should depend on two Prime shift approach for ether.

“If this is just not a basic signal for ETH IDK [I don’t know] What is, ”speculated one other poster and joined the numerous expected ETH Prize, which is purported to jump after a downward trend cycle.

Who has thrown ETH previously few months?

Two prime numbers also mentioned the weak performance of Ether stock market funds (ETFs), which emphasized that the acquisition of BTC ETF has almost exceeded ETH by 24 times.

“The failure of the ETFS ETF creates a reflexive loop through which institutions resembling Blackrock devote fewer resources for his or her promoting and sales. BTC found the mainstream while the ETH highlighted,” said the corporate.

Despite ether -ether Ether, Ether continues to be the most important old coin for crypto ETFs in relation to the assets to be managed (AUM), the opposite resembling Solana (SOL) and XRP (XRP).

According to the most recent update of Coinshares, Aum had an Ether base in Ether base until the tip of the last week, through which Borden and XRP had $ 9.2 billion on AUM, while Solana and XRP followed $ 1.4 billion or $ 1 billion.

Crypto ETP flows based on asset (in tens of millions of US dollars). Source: Coinhares

After the approval of the US SEC in May 2024, Spot Ether ETFs slowly began in 2024, whereby the performance lost the bottom in comparison with the huge spot Bitcoin ETF debut.

In the center of a low demand from the investors, some issuers resembling Vaneck in September 2024 in September 2024 put back the ETF proposal from Wisdomtree. In March 2025, Ark pulled his futures ETFs for ether and Bitcoin.

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