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 $10K per ETH be feasible in the long term? If not, why? What is your price prediction for the next 5 years? Your input will be greatly appreciated. Thank you very much.
I have some few ETH in my wallet that i got to buy when the price is still 600$ meaning this will stay in my wallet for long .and may wait for that 5 years duration .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.
For the next 5 years $10k is not impossible for ETH. if used as a long term investment, it should be considered that the market is currently in a bear market transition, so with a current value of around $2000 I think it is quite high, so just wait it's around $1200 before investing in ETH in the long term
Lucky those who had buy and sell when the price runs from hundreds to 4k and had bought again when the price falls down to 1,700$.