Quote from: Abiky on January 02, 2021, 12:29:36 AM

What I can't understand is how ETH has a high price when there's no hard cap established by the developers yet. ETH has an inflationary model where new coins are generated over time. It never hits the ceiling in terms of max supply. This should make ETH less valuable over time. But that's not the case, as ETH sits well above $600 per coin. Am I missing something here? Why is ETH much more expensive than Litecoin?

Although the maximum supply of ethereum is unlimited, ethereum ecosystem and usability is much better than that of litecoin, which is why the price of ethereum has risen so high. and also the hype about DeFi, DEX, Farm, Liquidy Pool as well which is another reason ethereum price increases and makes new ATH,