| Cryptocurrency | Price (USDT) |
|---|---|
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| ETH | $2434.0770000000 |
| BNB | $648.0019600000 |
| XRP | $2.1829000000 |
| ADA | $0.5648130000 |
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| LTC | $86.1975000000 |
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Category: CRYPTO NEWS
The post PlanB Criticizes Ethereum’s Centralization, Sparks Controversy – Coincu appeared on BitcoinEthereumNews.com. Key Points: Analyst PlanB criticizes Ethereum, calls for market elimination. Ethereum’s market remains unaffected by the statement. No official Ethereum Foundation response have made waves. PlanB, a prominent crypto analyst, recently stirred debate by labeling Ethereum “centralized and pre-mined” on X, calling it destined to fail. Despite this critique, no significant shifts in Ethereum assets or foundational responses have emerged. PlanB, a market analyst known for his Bitcoin-focused “Stock-to-Flow” model, recently posted on X critiquing Ethereum’s decentralized status. He characterized Ethereum as a “centralized, pre-mined project” that should be eliminated by market forces. “Ethereum is a centralized, pre-mined project that uses PoS instead of PoW, and its supply mechanism can be switched at will. I have always believed that such altcoins are destined to fail, and their current poor performance is to be expected. These types of projects should be mocked and eliminated by the market.” – PlanB, Crypto Market Analyst Despite the critique, Ethereum remains resilient. No official response has been issued by the Ethereum Foundation or key figures like Vitalik Buterin. Observers note that the lack of reaction from Ethereum insiders suggests confidence. Crypto Analyst PlanB’s Bold Claims Against Ethereum PlanB, a market analyst known for his Bitcoin-focused “Stock-to-Flow” model, recently posted on X critiquing Ethereum’s decentralized status. He characterized Ethereum as a “centralized, pre-mined project” that should be eliminated by market forces. Despite the critique, Ethereum remains resilient. No official response has been issued by the Ethereum Foundation or key figures like Vitalik Buterin. “Ethereum is a centralized, pre-mined project that uses PoS instead of PoW, and its supply mechanism can be switched at will. I have always believed that such altcoins are destined to fail, and their current poor performance is to be expected. These types of projects should be mocked and eliminated by the market.”…
2025-04-21T02:44:36+00:00