Post
Topic
Board Speculation (Altcoins)
Re: Ethereum is rising, Is this really the effect of ethereum's London hard fork?
by
Oilacris
on 08/08/2021, 19:26:41 UTC
I bet it will touch $6k bot i dont think ethereum will goes above $10k because the marketcap will be very big. And ethereum marketshare will also going down because money will be moved to bitcoin. And for $6k target, maybe we will see that after bitcoin bullish finish which around Q1 2022.
That means the deadline is until early next year, right? because if for the end of this year maybe there will not be enough time for Ethereum to reach such a big price because that price is a new ATH for Ethereum if it can actually be achieved
We cant really say because if its contunuing to burn the supply then it do totally shows that it would lessen out which means cap would just be that right even its 10k it would be just relevant since it does have lesser number.

Asking out if this is really the effect of London hard fork? Yes it is.. The current price rise we are seeing on is indeed the after results of such fork. Who would just ignore this current update?

Burning off ETH by the minute? As long the demand would be high and this would continue then expect that there would be significant rise in gradual basis.