Ethereum, the second-largest crypto by market capitalization, continues to post record values with its all-time high ATH that continues to increase. Here are ETH’s price predictions from some traders.
These price increases are higher than those of bitcoin itself, despite the fact that Ethereum’s market capitalization of $300 billion is only a third of that of BTC (over $1 trillion).
In this regard, some important personalities in the crypto scene have taken the opportunity to express their considerations and predictions of the price of Ethereum, appearing completely optimistic.
Ethereum price predictions: $3000-$5000
Petr Kozyakov, The CEO and co-founder of Global Payment Mercuryo, confirmed his prediction of Ethereum’s price increase to $3,000 to $5,000 in the long run. According to Kozyakov, the pace of the crypto’s price is at its optimal level, and buyers are increasingly eager to participate in the price boom.
Konstantin Anissimov, executive director of CEX.IO, expects ETH’s price to reach $3,000 in a matter of days.
Involvement on the part of buyers is also based on the optimal decentralization, “far from central banks” that Ethereum is able to express, said Jason Cozens, CEO of Glint.
Orlando Merone, Bitpanda’s Country Manager in Italy, also spoke about the motivations behind this price rise with optimistic forecasts:
“Ether is the second most popular cryptocurrency, with a rather significant market capitalization.
Unlike Bitcoin, Ether was not conceived as a payment method or a substitute for classic money. Ether was conceived from the beginning as ‘gas’, a cryptocurrency that fuels the Ethereum platform, created with the aim of providing a decentralized basis for the development of blockchain-based applications, e.g. so-called ‘smart contracts’.
Due to the great value offered by Ethereum, the investor confidence and interest that created the initial demand for Ethereum, a combination of circumstances and the ‘bullish’ nature of cryptocurrencies over the past year, the currency is gaining momentum. A trend that in my opinion will not end so soon”.