I see some crazy numbers being thrown around, one is an Ethereum coin going to 100k in 2030. How can you tell if a price prediction is too high in relation to market cap? Some people say some coins cannot hit a certain market cap. How can you tell if a market cap value is too much for a certain coin? I understand that there are coins where there are great number of circulating supply, but why can't they reach trillions in market cap?
This might not be as far fetched as it seems. With EIP 1559 they will introduce ETH burn, and with ETH 2.0 we'll have POS. So technically, the supply should gradually go down, making it more and more scarrce, thus price going up drastically