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Ethereum (ETH) Combines Everything to Be Called ‘Money’: Mass Adoption Founder

Tue, 01/07/2020 - 14:00
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Yuri Molchan
The founder and CEO of Mass Adoption, Jeremy Guzman, believes that Ethereum is the premier platform that has all the necessary features to be called actual money
Ethereum (ETH) Combines Everything to Be Called ‘Money’: Mass Adoption Founder
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Ethereum has been in the position of the second-largest crypto platform in the industry and a ‘motherboard’ for dApps for a long time.

In 2017 and earlier, it provided the basis for numerous ICOs, the majority of which have been forgotten already. Such crypto sphere giants, like Tron, Binance, and EOS, started off Ethereum and then migrated to their own mainnets.

Now, Tron and EOS are competing with Ethereum for users and dApp dev teams, as well as trying to offer the community faster and better solutions. Still, many believe that Ethereum remains a monumental figure in the industry and will remain for many years.

“Ethereum has proven to be the premier platform”

Jeremy Guzman, the Founder of the Mass Adoption platform, praises Ethereum in his recent tweet, saying that it has everything which allows it to be called money. That includes self-sovereignty, innovation and being a ‘premier platform’ for distributed monetary policy.

“Ethereum offers greater returns in the future”

In his recent tweet, a crypto developer Alex Tsankov writes that collateralized DeFi protocols, such as MakerDAO, allow anyone to fund the work of dApp builders providing them with the necessary financial support and to receive great returns on investment when those dApps are launched.

DeFi ecosystem is being actively built now with about 3 mln ETH locked in with DeFi already.

Ethereum (ETH) 2.0: What is Ethereum’s Next Phase After the Istanbul Hard Fork

ETH price

At press time, Ether is trading at $142. A crypto trader @IamCryptoWolf has recently posted a chart, showing that ETH (as well as BTC) is about to break from the 7-month Falling Wedge formation.

After ETH breaks through the resistance level, investors who have been waiting on the sideline may start buying out of FOMO, the trader reckons.

Another trader, @CryptoCapo_, expects the ETH price first to drop to the $100 - $105 area and only then start surging. Many believe that 2020 will see the ETH price skyrocket due to DeFi development.

ETH price
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at