Former Fund Manager Cramer: Crypto Has No Real Value

CNBC’s Mad Money host and former fund manager Jim Cramer said months after praising Ethereum that crypto has no real value.

Former hedge fund manager Jim Cramer April in 2022 believe in Ethereum and investors prefer Ethereum 35% to 40% months after he said he could make a return of around 5th of July Tuesday on CNBC Squawk Box He stated that cryptos have no value.

with contradictory statements The server that comes up frequently is the total market value of crypto. fell from $3 trillion to $1 trillion Pointing out: “Why stop at 1 trillion? There is no real value there.” said.

To support Cramer’s thesis, demonstrated the crisis. By pointing out sinking brokerages, asset management companies and stock markets How many companies can Sam Bankman-Fried save? he added.

Twitter commentators commented on Cramer’s comments. by not taking it seriously some users together He accused Cramer of market manipulation.

Saying “Best indicator, Cramer”, he gave the server a by creating FUD He said he believed in Ethereum in April, along with accusers. video recording of the program There were also those who asked for account by throwing them.

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