Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018

[felixesteban]

Independent financial consulting company deVere Group, which provides investment and wealth management services, has predicted that the price of Ethereum (ETH) could hit $2,500 by the end of the year, MarketWatch reported April 27.

The financial consultancy firm said that the second largest cryptocurrency could see a significant rise, predicting its fourfold increase thanks to growing adoption of the digital currency as well as the use of smart contracts. Nigel Green, founder and CEO of deVere Group, told MarketWatch:

    “The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020 [...] This general upswing will be fueled by three mains drivers. First, more and more platforms are using Ethereum as a means of trading. Second, the increased use of smart contracts by Ethereum. And third, the decentralization of cloud computing.”

Green also said that the introduction of cryptocurrency market regulation is only a matter of time. According to Green, this will result in more confidence in the market and better investor protection. At press time, Ethereum is trading at $653.66, with a market cap of $64.7 bln.

https://cointelegraph.com/news/consulting-firm-predicts-ethereum-could-reach-2500-by-the-end-of-2018

[pistachio]

Thank you for sharing excellent news for Ethereum holders.
I also invested some Eth under $500 price a few weeks ago.
I think my invest is succeed due to price go up recently.
My focus is also over $2000 USD of the end of this year, added to this, if the next upgrade of serenity
is more clear timeline, the price is more than $3000.

[EmoneyABC]

I still don't understand why ETH was only 1200$ worth when BTC was ATH at 22.000$. Eth should be minimum worth 50% of the BTC price. Is second largest coin in volume and first in use cases. There is so much tokens depending and created on the ETH smart contracts that if something happens to Eth than we will have a flash crash in crypto market.

[Alcor]

Such an increase in the price of ethereum can occur if only the trends in the development of this coin are taken into account. However, we know that almost all the crypto currency, including ethereum, depends on the price of bitcoin. As though the ethereum did not develop, if the bitcoin has problems and it falls in price, all the crypto-currency and, together with them, and ethereum fall. What will happen to the price of ethereum if bitcoin does not rise significantly in price by the end of the year?

[agusiska]

i have ever think so too, but in fact, now etherium price was stuck under 250$, could it will happen etherium can touch 2500$ in the end of this year?

[Ghozrd]

if this happens, I think there will be many rich people at the end of the year, hopefully this information is correct because ethereum prices are currently under $ 300

[Harihmawati]

Wow if it happen, i hope i have much money to buy ethereum , the price very low about $200 it mean it can be more than 10 time of the growth. Let's see it will happen?

[agusiska]

if this happens, I think there will be many rich people at the end of the year, hopefully this information is correct because ethereum prices are currently under $ 300

so the right thing to do now is buy more etherium while price now only around 200$.