Crypto trader sees diminishing value proposition for Ethereum as attention shifts to Bitcoin
• There's a "very big hole" in Ethereum's value proposition as attention shifts to Bitcoin, says crypto trader Nicholas Merten
• Future crypto development will likely focus more on Bitcoin, which may diminish Ethereum’s future value
• Ethereum seems like a "deadweight chain" with no new exciting developments or applications
• Other Ethereum Virtual Machine chains can easily steal activity from Ethereum by being more scalable and cheaper
• Ethereum is declining against Bitcoin over the past 4 months, underperforming the market leader