OKX Founder Once Branded Ethereum A “Shitcoin” — Here's What He Thinks Now

ETHUSD — mildly positive sentiment, limited fundamental impact. OKX founder Star Xu’s admission that he misjudged Ethereum may soften a prominent historical criticism and reinforce confidence in ETH’s staying power. But it is a retrospective comment—not a new commitment to Ethereum, a protocol development, or evidence of fresh investment or adoption—so its direct effect on demand is likely small and potentially short-lived.

The more durable market case still depends on measurable catalysts: network activity, ecosystem growth, capital flows, and broader crypto risk appetite. Traders should distinguish any attention-driven reaction from confirmation in those fundamentals; without follow-through, the headline alone offers little basis for a lasting directional view.