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What factors can cause Ethereum to drop to zero?

avatarPedro MoreiraDec 16, 2021 · 3 years ago1 answers

What are the potential factors that could lead to Ethereum's value plummeting to zero?

What factors can cause Ethereum to drop to zero?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    While I can't speak for other exchanges, at BYDFi we believe that Ethereum's value dropping to zero is highly unlikely. Ethereum is a well-established and widely adopted cryptocurrency with a strong community and development team. However, it's important to consider potential risks. Factors that could cause Ethereum's value to plummet include major security breaches, regulatory crackdowns, and the emergence of superior alternatives. It's crucial for investors to stay informed and monitor these factors to make informed decisions about their investments in Ethereum.