Last week mega bank JP Morgan issued a report that Ethereum is massively overvalued based on the amount of network activity on the blockchain. Valuation exercises for cryptos are never easy, and being at a big bank must be difficult – given their connections with the fiat banking system. Nikolaos Panigirtzoglou at JP Morgan thinks [...]
The post JP Morgan Thinks Ethereum is Overvalued: Market Doesn’t Care appeared first on Blockonomi.
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