Post
Topic
Board Altcoin Discussion
Re: Ethereum to 100k?
by
Cappex
on 02/05/2021, 08:45:37 UTC
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?

difficult to think of those figures today but no one can know how blockchain technology and its adoption will evolve, ethereum boasts of being the most known and used smart contract platform and the most popular currency by the masses after bitcoin but competitors are not watching and therefore to think that one day there will only be ETH is a mistake and therefore I think that such a high value could be implausible.