O.Julian
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Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a “flippening” in 2018, in which Ethereum Overtakes Bitcoin
“What you’re seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,” Nerayoff said Monday on CNBC’s “Fast Money.”
In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.
Current Ether Price Stands at around $535.43 (At the time of this writing)
Here’s what $500 could’ve gotten you in tech stocks and Bitcoin 2 years ago
In September of 2016 Bitcoin was selling for $572 a token. Two years later that same coin is worth $8,423 at the time of this writing. That’s a substantial return of investment (ROI), and it’s hard to come up with anything else even remotely as lucrative, at least in the short term.
“What you’re seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,” Nerayoff said Monday on CNBC’s “Fast Money.”
In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.
Current Ether Price Stands at around $535.43 (At the time of this writing)
Here’s what $500 could’ve gotten you in tech stocks and Bitcoin 2 years ago
In September of 2016 Bitcoin was selling for $572 a token. Two years later that same coin is worth $8,423 at the time of this writing. That’s a substantial return of investment (ROI), and it’s hard to come up with anything else even remotely as lucrative, at least in the short term.
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