Post
Topic
Board Speculation (Altcoins)
Re: ETH to $10K?
by
Abiky
on 24/08/2021, 16:11:16 UTC
I'm sure Ethereum will fly to the moon very soon.... with the analysis of the volume of transactions that continue to grow, as well as the many networks that are in it, it is not impossible, the target will hit of at least 20k may be higher, and may also overtake Bitcoin in the next few years...

Just like any other cryptocurrency on the market, Ethereum is "haunted" by the constant fluctuations in market price. It has its ups and downs depending on certain mainstream events. I bet ETH will reach far beyond $10k once the ETH 2.0 upgrade comes into fruition. That's because of the hype related to ETH's new Proof-of-Stake consensus algorithm. This, combined with added scarcity of the EIP 1559 upgrade, will only raise demand for ETH on the market.

While I don't think Ethereum will overcome Bitcoin in the future, it'll certainly solidify its position as the second-largest cryptocurrency in market cap. Set yourself forward 10-20 years from now, and ETH could be well worth $50k per coin. Regardless of the price, it looks like ETH will last for a long, long time. Just my opinion Smiley