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Fire Before Growth: The Likely Fate Of Ethereum Killers

In the coming quarters, a high density of “Ethereum Killers” (EKs) plan to launch their mainnets, and in so doing, release their assets to the public crypto markets. The transition of price discovery from the private to public markets will be an important one to watch and understand, especially considering many EKs carry billion-dollar anticipated launch values. 

To follow, I’ll reason through my expectations for asset prices and the prices of services offered by EKs. While maximalists may dismiss this as hopeless investigation of shitcoins, the behavior of newly launched EKs will impact the development of the sideways market we’re currently in, as well as the bull market to come. 

What do you think?

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