Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Power on December 25, 2020, 03:55:13 PM

Title: Ethereum's bockchain technology is widely needed?!
Post by: Power on December 25, 2020, 03:55:13 PM

While I'm reading articles about Ethereum, I read that according to data provided by the World Economic Forum, up to 10% of the global Gross Domestic Product globally will be facilitated. Meaning Ethereum's Blockchain technology is the main key on this matter. Should Ethereum will take its momentum and reach $10,000 in the year 2021-2025?

Title: Re: Ethereum's bockchain technology is widely needed?!
Post by: Dr.lecter on December 26, 2020, 04:09:34 AM

Quote from: Power on December 25, 2020, 03:55:13 PM

While I'm reading articles about Ethereum, I read that according to data provided by the World Economic Forum, up to 10% of the global Gross Domestic Product globally will be facilitated. Meaning Ethereum's Blockchain technology is the main key on this matter. Should Ethereum will take its momentum and reach $10,000 in the year 2021-2025?

Nobody knows what will happen in the future, but let's see total supply of Tether:

(https://i.imgur.com/VdHqs5x.png)

Now it is around 21bil$ and price of Ethereum is 600$. In 2017, total supply of USDT was ~1,7bil and ETH reached to 1500$.