Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: RSRS on July 25, 2021, 06:38:58 AM
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The price of Ethereum could outperform the flagship cryptocurrency this year to surge by over 150% to $4,596, and its performance could be such that by 2025 one ether would be worth $17,810, according to a cryptocurrency experts panel.
The figures come from the average forecast from 27 out of 42 experts Finder surveyed that gave price predictions for the cryptocurrency. While the experts panel believes the price of ETH will more than double this year, they believe that by December 2025 it’ll be over $17,800 and that by December 2030 one ETH will have skyrocketed to $71,700.
The later price prediction is skewed by an outlier who believes ETH will trade at $1 million by then. Looking at the median price prediction, the forecast points to Ethereum trading at $20,000. That Price prediction was earlier this year made by former Goldman Sachs executive Raoul Pal, who based on Metcalfe’s Law saw ETH hit $20,000 this cycle.
BTC = ETH. Fact. Different assets, different ecosystems, same adoption, same behavioral economics = same same but different… pic.twitter.com/zeMyoDlX88
— Raoul Pal (@RaoulGMI) January 7, 2021
More Information (https://cryptonews.net/en/news/ethereum/1167503/)
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The forecasts are very optimistic, but so far they are only forecasts. Of course, ethereum holders would like to see the price rise of this coin to the specified heights of 70,000, 200,000, and even one million dollars. However, as the price of ethereum rises, other altcoins are likely to rise in value as well. Then the question arises: will such an increase in the capitalization of the state's cryptocurrency be allowed, because they will not be indifferent observers of the triumph of the cryptocurrency. After all, this will greatly affect the global financial system as a whole. Therefore, not everything is as simple as it seems at first glance.