Analysts say Bitcoin has outperformed Ethereum, with the price ratio between the two reaching a key historical support level. This makes Ethereum a "value" investment. In this craze, there is even a benchmark for Bitcoin. Some analysts believe that Bitcoin's price is still cheap compared to other cryptocurrencies, especially Dogecoin. Dogecoin has risen by more than 300% this year.
But it's not just about cryptocurrency analysis. There are strange phenomena in the market, such as the squirrel Peanut (PNUT) cryptocurrency. A squirrel "Peanut" in New York City has become a controversial topic due to its popularity on social media, which has spawned a cryptocurrency with a market value of more than $1 billion. This absurd phenomenon has sparked discussions about market bubbles. (Barrons)