1 New Sign That Ethereum Is a Risky Buy Right Now

Ethereum (CRYPTO: ETH) can't seem to catch a break. Between its tumbling price and the terrible sentiment about the chain's present and future, there isn't much for investors to be happy about.And there's a new sign that now might not be the right time to buy it, even if you are willing to hold on to it for a good while. Here's what's going on.Ethereum is the second-largest cryptocurrency, with a market cap of almost $220 billion. That means that if its ecosystem is healthy, there should be a vast number of users interacting with its chain via crypto wallets. As users can have more than one wallet, and many do, there isn't a precise 1-to-1 relationship between the number of users and the number of wallet addresses, but there's still a connection between how many wallets are active and the amount of activity there is on a chain. So the number of active wallet addresses is a useful proxy for a chain's health.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool