The New Ethereum and the Looming Supply Squeeze

What Proof of Stake could mean for the price of ETH

Michael Yorke
Level Up Coding
Published in
5 min readMay 8, 2021

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Photo by Zoltan Tasi on Unsplash

I’m writing this with the price of Ether (ETH) at an all-time high. This post is my case for why I think it’s going to keep climbing for the foreseeable future. Why? I call it the Proof of Stake Supply Squeeze.

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