> But crypto has no fundamentals. Its price is determined entirely by speculation. It doesn't pay dividends or interest that you can model a price on. This is

> But crypto has no fundamentals. Its price is determined entirely by speculation. It doesn't pay dividends or interest that you can model a price on. This is just wrong. Ethereum for instance is fully self supporting in that the network collects enough in fees to pay its stakers without having to mint new coins over time. This means Ethereum has income and pays out dividends, which means it has fundamentals as you can measure its income and money going out. It most certainly has fundamentals in this regard. I encourage you to take a deeper dive into crypto if you think there is no fundamentals for all coins