DeVere group analysts: by the end of the year Ethereum will reach $ 2500 and will continue to grow
According to analysts specializing in financial consulting company deVere Group, before the end of this year, The price of the second capitalization of Ethereum cryptocurrency can grow four times from the current marks. About it reports MarketWatch.
"According to forecasts, the price of Ethereum will significantly increase this year. It can reach until the end of 2018 the mark of $2500, and in the next two years to continue the growth," said CEO deVere Group Nigel green.
The head of the deVere also said there are three main drivers of growth rates Ethereum:
"This overall rise will be fuelled by three main factors. First, more and more platforms are using Ethereum as a trading tool. Second, wider Use of Ethereum-based smart contracts. And thirdly, decentralization of cloud computing»
Green is also convinced that the cryptocurrency industry will inevitably face regulation, which will contribute to the protection of investors, as well as increasing confidence in the long-term prospects of this market.
Earlier, the blockchain entrepreneur Stephen Marioff expressed the opinion that the price of ETH this year will grow threefold. According to him, this will happen thanks to the active introduction of Ethereum technology in various spheres.
The source of the cryptocurrency.tech
We do not need to discuss much about ETH technology, it was really great at the present time and it deserves second place, but recent growth is not due to the impact of the public This technology has been around for a long time.
These technologies will really work when the crypto market is truly developed and recognized worldwide in the future. At that time, the war between new technologies began. then you will see, EOS and ETH always have many true investors.
But that is still a long way, buying ETH now only makes your profit from 10-20% after a period of holding. It is still not the best investment strategy.