2026-01-15 12:22:17

Interesting phenomenon: Two assets gaining attention on X, but with completely different backstories.

IREN is backed by a Nasdaq-listed Bitcoin mining company, which has seen a 230% increase over the past six months. In contrast, ETH, known as the "world computer," has remained stagnant during the same period, with a zero percent return.

This huge disparity in returns reflects the market's vastly different expectations for various sectors—traditional energy and mining concepts are favored, while Ethereum's application ecosystem has yet to meet market expectations. The choice of investment strategy often determines the difference in returns over six months.

BTC-3,17%

ETH-6,49%

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MEVSandwichMaker

· 01-18 09:10

The concept of mining is skyrocketing, but ETH is just sleeping there, hilarious. The market is really very realistic; telling stories is not as good as talking about energy.

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Layer2Arbitrageur

· 01-17 08:32

lmao 230% vs 0% is literally the delta between picking signal vs noise. iren's got that physical asset backing tho—actual hashrate, actual revenue. eth's just waiting for its ecosystem to deliver smth... anything really

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DefiSecurityGuard

· 01-17 06:25

mining pump looks sus ngl... nasdaq listing doesn't mean it's not a honeypot at scale. DYOR before fomo kicks in fr

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wrekt_but_learning

· 01-15 12:45

Uh, this is awkward. I went all in on ETH half a year ago...

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NotFinancialAdvice

· 01-15 12:44

The concept of mining is really in demand this time, while ETH is still sleeping there. Where is the promised ecosystem?

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NFTRegretful

· 01-15 12:36

Mining concepts are really in vogue now, and IREN's 230% increase is incredible. In contrast, ETH is just flatlining... It seems the market still trusts energy and computing power more, and the story of application ecosystems is no longer compelling.

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FrogInTheWell

· 01-15 12:28

The hype around the mining concept this time is truly outrageous. While IREN surged 230%, ETH was still dozing off. The gap is incredible.

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FOMOrektGuy

· 01-15 12:25

The concept of mining this wave is indeed impressive, with a 230% increase compared to ETH's zero growth... That gap is quite significant. By the way, is the energy narrative really compelling or just hype?

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