Post
Topic
Board Speculation (Altcoins)
Re: Will Ethereum reach $5,000 by 2021?
by
Silberman
on 27/09/2021, 16:50:48 UTC
This is not financial advice of any kind.

Yes, that is a very probable scenario.

As I said before until ETH 2.0 upgrade, Ethereum is probably the safest bet out there.

It’s getting more scarce each day with a burning mechanism, it is still Proof of Work blockchain and more than 30% supply locked until ETH 2.0.
Well, it is going to depend on what bitcoin does during this last quarter, ethereum is a good enough coin but we need to be honest this market is dominated by bitcoin and if bitcoin does not move it is very difficult for altcoins to make any significant move, it can happen but altcoins seasons are not as common as some people think, the good news is that I think that bitcoin will in fact go up in value during the end of the year which will make ethereum to reach that value easily.