The post Top XRP Trader Thinks Ethereum (ETH) Is Mispriced appeared on BitcoinEthereumNews.com.

It has been a rough couple of years for ETH, hasn’t it? The jokes, the memes, the endless debates about its relevance. It has almost become the underdog of the crypto world, despite being the second-largest cryptocurrency by market cap. But here’s the thing: DonAlt, the trader who called XRP’s insane 500% pump last year, thinks ETH might be sitting in a similar spot to where XRP was before its breakout. And that’s worth paying attention to. Related Back when XRP was trading between $0.5 and $0.6, DonAlt was one of the few voices saying it was mispriced. Fast forward to November, and XRP hit a new all time high at $3.4. When I was bull posting XRP at $0.5-$0.6 I felt like XRP was mispriced relative to everything else in the marketNow it’s at around $3, which seems much fairer I kinda feel the same way about ETH now at $2800, mispriced by quite a bit — DonAlt (@CryptoDonAlt) February 21, 2025 Now, the expert trader is looking at Ethereum, currently trading around $2,800, and seeing the same kind of undervaluation. IETH’s fundamentals are still solid — a $65 billion total value locked, a $338 billion market cap and a network that powers most of DeFi. But sentiment? That’s another story Between the Ethereum Foundation’s questionable moves, Vitalik Buterin’s apparent indifference to price action and ETH trading at the same levels it was during the FTX collapse, it’s easy to see why people are skeptical. Source: TradingView The asset has become one of the most hated in the market, which, ironically, might be the best time to take a closer look. After all, markets have a way of turning sentiment on its head when least expected. Related ETH’s all-time high sits at $4,800, nearly 70% above where it is now. If DonAlt’s comparison…

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Filed under: News - @ February 22, 2025 6:12 am