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CoinRank News: The ETH/BTC exchange rate has hit its lowest level in nearly five years, and some investors even call ETH a completely dead investment. Nic Carter, partner at Castle Island Ventures, believes that ETH died in its own hands because L2 was too greedy, causing Ethereum transaction activity, user growth, and fees/revenue to decline. Ethereum can be seen as a network with practicality, but definitely not an investment. (Cointelegraph)
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