Ethereum price predictions can be found all over the Internet. But how do you find one based on a repeatable model? That is the harder question.
We like the analysis of Digitalcoin, which we found via an article by Nicole Willing on Capital. Nicole writes that:
The ETH price briefly touched $2,000 (£1,500, Є1,680) in February’s cryptocurrency rally and has moved back above that level in April, gaining 183.2% so far this year. The Ethereum ecosystem has emerged as the first choice for developers launching decentralised finance (DeFI) applications and non-fungible token (NFT) sales, although there are some new applications that are turning to alternative blockchains.
The article goes on to cite Digitalcoin analysis saying:
The Ethereum future price is expected to continue rising over the longer term. Billionaire investor Mark Cuban said on the Unchained podcast on 6 April that after the upgrade, applications on Ethereum will see it “dwarf” Bitcoin. Cuban said he now holds “a lot more” ether than bitcoin.
The Ethereum forecast from Digitalcoin is bullish, predicting that the price will double by 2023. The forecast puts the average price at $2,922.64 in 2021, rising to $3,651.21 in 2022, $6,317.73 in 2025 and $9,163.19 in 2028.
At the time of this writing Ethereum has moved to just under $2400.00.
Read her full article here.
For more see : Ethereum.
Also see this OODAcast which features an interview with Camila Russo, the author of the book “The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum”. Camila is also the founder of the Decentralized Finance (DeFi) site The Defiant, which tracks developments, emerging trends, and news in the fast moving DeFi space.
In this interview, Camila shares how her experience covering fiat currency issues as a reporter for Bloomberg sparked her interest in Bitcoin and how she focused her attention on the Ethereum project early in its development. We discuss Camila’s book and the emergence of Ethereum as well as the most interesting applications of Ethereum, future disruptions, and the general trends driving the DeFi space.