Compared to Bitcoin, Ethereum seems undervalued. I am not sure if I made a mistake by holding Ethereum. Monitoring for a long time, but it doesn't want to go up. Though Bitcoin pumped a couple of x, Ethereum still seems to not want to move. I am unable to find any valid reasons why ETH is not moving. What do you think? Is Ethereum potentially better to hold or move to another altcoin? Just for information, I don't like to hold shitcoins except top altcoins. Because I have experience of loss in a big amount by holding shitcoins. What are your thoughts?
The fact is Ethereum is actually underperforming especially based on the expectations enthusiasts have on it as the top altcoin in the ecosystem which Ideally should be standing out. But the thing I've come to notice is most altcoins really don't have enough core supporters like bitcoin and that could be affecting Ethereum too.
Also Ethereum seems to be deficient of hype which is one thing that increases adoption in altcoins. Back in the day when ethereum was performing the most , it used to have more meme coins on its network compared to now and that's part of the reasons adoption seems to be dropping.