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Author Topic: What is the current state of Ethereum?  (Read 3105 times)

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What is the current state of Ethereum?
« on: January 07, 2024, 05:16:01 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.
« Last Edit: January 07, 2024, 05:42:23 PM by Rifan Khan »

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What is the current state of Ethereum?
« on: January 07, 2024, 05:16:01 PM »

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Re: What is the current state of Ethereum?
« Reply #1 on: January 07, 2024, 05:45:53 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.

Ethereum bites the hands that fed them and by that, I mean they were much as good as Bitcoin if not way more developed due to smart contracts but they switched from proof of work to Proof of stake which makes Ethereum to be more centralized than it was before. The developers also lied to the people, they allowed people to stake their Ethereum to the pool and it became impossible to unstake even when the day was announced, they gave a condition for unstacking and that didn't go well with investors because the developers were trying to avoid dumping and stakers where trying to sell at an all-time high which many of them where deprive of the freedom and when they unstake, the selling pressure was high.

Secondly, the proof of stake has killed the trust of the community, there is a staking pool that contains more than 30% of ETH making it more centralized and there are speculations that the pool belongs to US investors, so investors are afraid to buy more Ether because of the trust issues from US investors.

In addition, there is a crackdown on the SEC(Security Exchange Commission) and coins that are term "proof of stake" and it is making people run away from the chain. I'm not sure about the price but just know that there is nothing impossible in crypto, you might come back to this post and see Eth in $6k in the future and laugh on this thread.
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Re: What is the current state of Ethereum?
« Reply #2 on: January 07, 2024, 05:47:02 PM »
In my view, Ethereum has always been a successful coin. And will remain so. After Bitcoin, it has made its mark in the crypto market. Which is not so easy to compare to anyone. it will be a successful

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Re: What is the current state of Ethereum?
« Reply #3 on: January 07, 2024, 06:50:28 PM »
Grow can go even higher than you mention in up coming year like 2024. Change are positive like user transaction transparent wide and assets security in Ethereum network. New long bullish zone is spread throught December for so far now.With Bitcoin halving in April that will be part of year for price rise to new record possibillity.

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Re: What is the current state of Ethereum?
« Reply #4 on: January 07, 2024, 07:18:25 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.
Yes, I believe Ethereum can reach $4k value or even more during this bull run. When Bitcoin goes up in value during the bull run then Ethereum and a few other altcoins will follow it. There can also be some of those altcoins that can grow a lot in value.

In the last bull run Shiba Inu was the coin that gained a lot of value within a year. This time we may have another such altcoin but we don't know yet that which altcoin will have similar success like Shiba Inu had. Let's see what the future holds for us.
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Re: What is the current state of Ethereum?
« Reply #5 on: January 08, 2024, 06:10:11 AM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.

Here you can see the previous price when bitcoin price touched up to 69k, what was the price of ethereum coin?  Noticed here was often 3500 (approximate) dollars. So since Ethereum Coin Altcoin cannot compete with Bitcoin as such. Here we consider Bitcoin as the best source of investment as there is no chance of loss. No matter how low the price of Bitcoin is, once again the price increases to see part of the benefit. If this halving reaches the peak of the Bitcoin price improvement, the price of the Ethereum coin will exceed $4000.

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Re: What is the current state of Ethereum?
« Reply #6 on: January 08, 2024, 06:52:29 AM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.

No worries about the future of Ethereum,  Ethereum is the queen of crypto currency and always being  second rank on CMC.
Ethereum has large community and  has been used as platform at many projects.
4K USD? I think It's reachable.
Honestly I have prediction, Ethereum will reach more $ 5K at this year.
Maybe at Q4 this year.

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Re: What is the current state of Ethereum?
« Reply #6 on: January 08, 2024, 06:52:29 AM »


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Re: What is the current state of Ethereum?
« Reply #7 on: January 09, 2024, 05:00:51 PM »
It can exceed $4k because of the bullish season. All the altcoins increases in price due to bitcoin halving. So, it is even possible to reach more than $5k before the second quarter of this year.

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Re: What is the current state of Ethereum?
« Reply #8 on: January 09, 2024, 07:49:36 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.
Here you can see the previous price when bitcoin price touched up to 69k, what was the price of ethereum coin?  Noticed here was often 3500 (approximate) dollars. So since Ethereum Coin Altcoin cannot compete with Bitcoin as such. Here we consider Bitcoin as the best source of investment as there is no chance of loss. No matter how low the price of Bitcoin is, once again the price increases to see part of the benefit. If this halving reaches the peak of the Bitcoin price improvement, the price of the Ethereum coin will exceed $4000.
When, after the previous halving in 2020, Bitcoin rose to its maximum price of more than $69,000 the following year, Ethereum at that time, that is, as of November 2021, rose in price to more than $4,800. Since the price of Bitcoin is expected to rise to around $100,000 after this year's halving, the price of Ethereum should also be higher than its previous price record. I think that it may well rise to 6,000 - 7,000 dollars.
« Last Edit: January 09, 2024, 07:51:39 PM by Alcor »

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Re: What is the current state of Ethereum?
« Reply #9 on: January 10, 2024, 08:01:00 AM »

Now what is the future of Ethereum in ? This coin can reach $4k in the market.

Ethereum is a coin that always accompanies bitcoin in number two. 
There is no doubt about Ethereum's future. 
In my opinion, there is no coin that can overtake Ethereum and be stable at number two. 
Only occasionally Ethereum overtakes, until a month or two later Ethereum takes its place again.
That's the  fact.
I also believe Ethereum price will reach more $ 4,000 at this year.
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Re: What is the current state of Ethereum?
« Reply #10 on: January 11, 2024, 04:17:06 PM »
I can agree with you. I think Ethereum will cross $4000 by 2024. In the past the price of Ethium was not very high but day by day its popularity is increasing to extreme levels. It can be seen that one of the most popular coins after Bitcoin is Ethereum. Currently its price is above $2000. Based on its massive popularity and its growth, Ethereum is expected to cross $4000 by 2024.

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Re: What is the current state of Ethereum?
« Reply #11 on: January 12, 2024, 08:35:23 AM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.

Yes, ethereum in most cases, just like other altcoins, move along with Bitcoin, and as a matter of facts, Bitcoin price movements drive the entire crypto market, and altcoins experience good move when Bitcoin Bitcoin dominant rate becomes very low.
I think that the current state of Ethereum is very good, and it is a project that has the confidence of investors. In a nutshell, ethereum is a good potential token that has the capacity to recover during the market dip or corrections.

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Re: What is the current state of Ethereum?
« Reply #12 on: January 12, 2024, 06:36:31 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.
Easily, ETH has a lot of potential, although one thing I wanted to make clear is I am not a big user or enthusiast of ETH, I just stepped my foot out of BTC fan and started to look into other coins as well, and what I have observed is, ETH has a lot of potential because its owner is highly linked with political entities, means he have internal and external support plus ETH's ETFs are definitely going to be accepted soon. And $4k target is a butter for ETH to achieve. My target is $10 for ETH in this upcoming bull run.

Although it looks impossible but people do not want to invest only in BTC ETFs or BTC only they want to diversify their portfolio with alternative assets (means the digital ones). ETH is the second best option to invest in, so it will be the favourite one, plus the upcoming l3 projects that will reduce the tx fee to cents maybe lesser than cents because L2 projects has already reduced the price to cents, the only problem I see is bridging fee which should be managed as well.
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Re: What is the current state of Ethereum?
« Reply #13 on: January 19, 2024, 12:40:13 PM »
I can agree with you. I think Ethereum will cross $4000 by 2024. In the past the price of Ethium was not very high but day by day its popularity is increasing to extreme levels. It can be seen that one of the most popular coins after Bitcoin is Ethereum. Currently its price is above $2000. Based on its massive popularity and its growth, Ethereum is expected to cross $4000 by 2024.

Sure, It's reachable, If we expect Ethereum price will touch $ 4,000.
Current Ethereum price before bitcoin halving is $ 2.487 .
I think after bitcoin having will reach around $3,000-4000.
I also have read high expectation from member here, they said Ethereum will hit $ 7,000 during bullish season.

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Re: What is the current state of Ethereum?
« Reply #14 on: January 19, 2024, 03:17:10 PM »
I can agree with you. I think Ethereum will cross $4000 by 2024. In the past the price of Ethium was not very high but day by day its popularity is increasing to extreme levels. It can be seen that one of the most popular coins after Bitcoin is Ethereum. Currently its price is above $2000. Based on its massive popularity and its growth, Ethereum is expected to cross $4000 by 2024.

Sure, It's reachable, If we expect Ethereum price will touch $ 4,000.
Current Ethereum price before bitcoin halving is $ 2.487 .
I think after bitcoin having will reach around $3,000-4000.
I also have read high expectation from member here, they said Ethereum will hit $ 7,000 during bullish season.
During a halving, prices will usually fall because they are chasing the Bitcoin halving, which will occur in the next few days.As happened several years ago, when the Bitcoin halving occurred, many coins' prices would increase, but not all coins would last long because many would collapse.

 

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