Ethereum has reached an all-time high of around $4,865.
Bitcoin has also recently reached an all-time high over $68,000, via NextAdvisor.
Ethereum was worth $463.88 exactly a year ago; that’s a 924.50% return with a current market cap of $562.3 billion.
That’s almost half’s of Bitcoin (1.2T).
So just how high can Ethereum really go?
This Gen Z crypto millionaire says Ether could overtake Bitcoin; more on that below.
Welcome to Franknez.com – I provide my readers with the latest crypto, stock, and market news. Today we’re discussing how high Ethereum can go + other Ethereum news.
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ETH has been setting continuous all-time highs recently.
Though analysts expect the crypto to go back down soon, this article is going to touch base on analyst predictions for the future.
This is going to be a fun decade for cryptocurrency.
Ethereum Is Bomming!
Find more statistics at Statista
When you look at charts like this one it makes you wonder what were you doing in 15′, 16′, or even last year that you didn’t buy this cryptocurrency.
No matter because there is still money to be made today.
Sure most of us might be buying the crypto in fractions but that shouldn’t stop you from having your money beat inflation.
With inflation rising, it is a detrimental strategy to keep you money in banks.
Low yielding interest rates from money market accounts are no longer viable.
This cryptocurrency has had a whopping +166,000% return since its inception on August of 2015.
The incredible thing is analysts are prediction Ethereum to grow exponentially in the next years to come.
This boom up to $4.8k will look small in comparison to where Ethereum is headed.
Here’s what analysts are predicting.
Ethereum Price Predictions (2021-2030)
WalletInvestor is prediction Ethereum to hit $18,535.70 by the year 2026.
That’s more than 3 times it’s current price.
Digital Coin Forecast has come up with their own chart predicting Ethereum’s price from 2021-2028.
It ranges from ETH hitting $6,630 before 2021 is over and $8,283.54 by 2022.
Digital Coin Forecast is predicting Ethereum to be worth more than $20k by the year 2028, more than four times it’s current price.
These are quite the numbers compared to where Ethereum was just last year alone.
However, Forbes has stronger Ethereum price predictions, predicting the cryptocurrency can reach $50,000 by the year 2030.
Now that’s a bold statement.
See, because of this new decentralized economy we can now speculate based on the supply and demand for these assets.
Unlike the stock market which is molded for financial institutions, the crypto market is a retailers market.
And as long as retail investors continue to show in an interest in crypto plays, then the market will respond accordingly.
According to Forbes, investing in ETH now could 10x your investment by the end of the decade.
Ethereum $100K Prediction (The Flippening)
The Flippening is an event that crypto speculators see can happen where Ethereum flips Bitcoin as the #1 cryptocurrency in the market.
Nasdaq published this Ethereum news touching topic on the race to $100,000.
Who gets there first won’t matter, we should be celebrating massive gains whether Bitcoin or ETH gets there first.
Leave a comment below if you’re invested in both.
Even if Bitcoin gets to $100,000 first, Ethereum is expected to do the same at some point.
They key here is holding long-term.
Crypto Millionaire Rahul Rai Says Ethereum Could Overtake Bitcoin Before Mid 2022
Rahul Rai is a 24-year-old hedge fund founder who believes Ethereum could overtake Bitcoin in the short term.
Rai says that Ethereum’s market value could capture trillions of dollars in global activity, which is why it may flip Bitcoin, via. BusinessInsider.
If this flippening happens, ETH crypto holders would have gained a massive second chance having missed Bitcoin’s success.
Whether Ethereum reaches $100k and flips Bitcoin is something only time will tell.
This should be a great decade for cryptocurrencies.
Which Other Cryptocurrency Should I Buy?
Like I mentioned earlier, it’s not too late to put some money in either Bitcoin or Ethereum.
I’m personally invested in both.
But if there’s a another cryptocurrency that has incredible potential, it’s Cardano (ADA).
Cardano was founded by one of Ethereum’s cofounders and is listed as #5 as the most popular cryptocurrencies in the market.
This crypto is trading above $2 and has a market cap of about $70 billion.
Could it be the next big crypto?
Well, with everything going environmentally-friendly and online, Cardano is a great representation of the new world.
Cardano is an environmentally sustainable and scalable blockchain network that relies less on energy-consuming cryptocurrency miners.
If you plan to invest in ETH, I suggest considering adding ADA to your portfolio too.
Perhaps five years from now we’d have wished we would have bought at $2 and change.
Where Can I Buy Ethereum?
You can buy Ethereum on Coinbase.
Coinbase will provide you with an easy-to-navigate layout so that purchasing your crypto is effortless.
Creating an account is simple but I created a step-by-step guide here for beginners.
Other exchanges where you can buy ETH include Kraken, Crypto.com, and Coinmarketcap.
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