I really do think eth price will go up a ton just because of staking. What do you think the fomo will look like?
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I really do think eth price will go up a ton just because of staking. What do you think the fomo will look like?
I share your view! Especially as according to a recent ConsenSys report about 80% of ETH supply would currently be eligible for staking (on adresses with 32+ ETH in wallet). Of course I don't expect everyone whose holdings are qualified to go and stake, but I think there will be quite some interest in staking, so a certain likelihood of a supply shock which drives up prices exists. But, I have to say, that I expect a large part of the rally to take place before the actual launch of ETH 2.0 staking, because of the FOMO you mentioned which in my opinion is likely to make people buy ETH as they either bet on the supply shock caused by staking or in an effort to stack enough ETH to be able to take part in the staking process themselves.