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.
Unlike most predictions that I see this one is a realistic one, it does not require an immense growth and ethereum will surely get to that point, but like always when this will happen will depend on what bitcoin ends up doing, if bitcoin goes up and reaches 6 figures during this year then it is likely ethereum will come close to that price, and you will have to wait only a few months to see it, however if bitcoin remains at the current levels or drops even further then it is possible we will not see that price until the next bitcoin halving.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.