Ju Ki-young: "Ethereum, No Price Fluctuation for 5 Years... Practically a Stablecoin"
Suehyeon Lee
Summary
- CEO Ju Ki-young reported that Ethereum has been maintaining without significant price fluctuation for five years.
- He stated that Ethereum has maintained $3,160 during specific periods, showing characteristics similar to a stablecoin.
- He mentioned the need to look at the current situation where Ethereum is trading at $3,167.71.
There is an opinion that the price of Ethereum (ETH) has remained stable for five years, making it similar to a stablecoin.
On the 14th (local time), Ju Ki-young, CEO of CryptoQuant, emphasized the situation of Ethereum maintaining a similar price for five years, stating on his X (formerly Twitter), "Ethereum is practically a stablecoin."
According to him, Ethereum has maintained $3,160 from May to August 2021, January to April 2022, March to November 2024, and until January 2025. Meanwhile, Ethereum is currently trading at $3,167.71 on CoinMarketCap, down 2.39% from the previous day.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Market] Bitcoin drops intraday to the $72,000 level… debate over 'safe-haven credibility' reignited](https://media.bloomingbit.io/PROD/news/e3aeb7f7-851b-4479-bfd0-77d83a3b7583.webp?w=250)
