The much-awaited EIP-1559 upgrade will make ETH scarcer than ever. Demand seems to be on the rise lately, although prices have stalled quite a bit because of the bearish market. Projects like Uniswap, Compound, Aave, and even MakerDAO should make ETH more valuable over time. At a price of $2,085 (since the time of this writing), I'd say that ETH is quite a bargain these days.
I'm starting to wonder how much ETH will be worth in the future. After all, it's the best cryptocurrency in the world (besides Bitcoin). If BTC reached astronomical gains within such a short amount of time, then ETH can easily reach "Mars". What do you think? Will $10K per ETH be feasible in the long term? If not, why? What is your price prediction for the next 5 years? Your input will be greatly appreciated. Thank you very much.
Of course this is obviously very good news from the information you have provided, hopefully this will indeed become a reality because if there is a scarcity, it is almost the same as bitcoin's behavior with halving. obviously will result in a large demand and reduced availability will make prices will increase and that is the law of economics and cannot be avoided.I'm starting to wonder how much ETH will be worth in the future. After all, it's the best cryptocurrency in the world (besides Bitcoin). If BTC reached astronomical gains within such a short amount of time, then ETH can easily reach "Mars". What do you think? Will $10K per ETH be feasible in the long term? If not, why? What is your price prediction for the next 5 years? Your input will be greatly appreciated. Thank you very much.
actually ETH had reached a pretty good ATH should have been able to reach $6K but was delayed.
ethereum is indeed the second best coin after bitcoin and everyone admits that even though there were problems with high fees in the past, so many other platforms emerged. but soon they will return to ethereum because after all ethereum is still the best so far.
if only to be able to reach $ 10K I don't think it needs to be long term anymore, if only bitcoin can reach the renewable ATH price which is likely to happen at the end of this year, at a fantastic price ethereum will be able to reach that price, so there is no need to wait a long time anymore and just need patience until the end of this year everything can be realized and maybe will be able to exceed the predictions you made.
remember that the ability of ethereum is very tested and can be sure to achieve it well without any doubts. opportunity to buy now for year-end investment.