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Standard Chartered says battered Ethereum looks like Amazon in 2001 – TON BOT

Standard Chartered says battered Ethereum looks like Amazon in 2001

Standard Chartered compares Ethereum’s price slump to Amazon during the dot-com crash, saying the token’s value is not reflective of its fundamentals. The bank maintains a $4,000 target for 2026 and $40,000 for 2030, banking on stablecoins, tokenization, and regulatory clarity to close the gap. Critics question the bank’s crypto calls, but the analogy resonates in a market where Ethereum remains a key asset.


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