Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.
eth is currently experiencing an increase following the increase made by btc.
I think now is a good time to collect eth, if we see next year eth will probably fly high because
their project eth 2.0 will be completed next year.
In addition, if we look at the Ethereum project, it forms the basis for most smart contract applications and NFT creation because of its popularity.
Ethereum has also grown rapidly. In just five years, the price rose from about $11 to over $2500, roughly over 22,000%.
so I think it's not too late to buy eth now.