Bitget App
Trading lebih cerdas
Beli KriptoPasarTradingFuturesBotsEarnCopy
Could Ethereum Reach $100,000? Insights from Dogecoin Co-Founder Billy Markus

Could Ethereum Reach $100,000? Insights from Dogecoin Co-Founder Billy Markus

EthnewsEthnews2024/09/24 15:46
Oleh:By Isai Alexei
  • For such a price, global adoption and good improvements in Ethereum’s scalability are necessary prerequisites.
  • Current analyst predictions are more conservative, seeing potential peaks at $10,000 to $20,000 in this bull run.

Dogecoin co-founder Billy Markus, also known by his pseudonym Shibetoshi Nakamoto, has made a bold prediction regarding the future price of Ethereum (ETH). On the social media platform X (formerly Twitter), Markus speculated that Ethereum could eventually reach $10,000. He linked this lofty goal to a personal aspiration, stating that reaching this price would enable him to buy a house in Los Angeles.

need eth to go to 100k for a house in LA

— Shibetoshi Nakamoto (@BillyM2k) May 21, 2024

Such a surge would elevate Ethereum to a market capitalization of $12 trillion, according to its current circulating supply. This valuation would surpass the market caps of the world’s most valuable companies, significantly impacting the broader cryptocurrency market.

Notably, a rise to this level implies that other cryptocurrencies, including Bitcoin, would also experience substantial increases in their values.

However, several critical developments would need to occur for Ethereum to achieve this dramatic increase. Firstly, Ethereum would require widespread adoption across various sectors—not just among retail and institutional investors but also by nations and central banking systems globally.

Ethereum network faces significant challenges concerning scalability

Despite recent advancements such as the Decun upgrade, further enhancements are necessary to facilitate adoption across diverse demographic and economic sectors. Currently, Ethereum holds its position as the second-largest cryptocurrency by market cap. 

It has shown resilience and growth potential, further buoyed by positive market movements and regulatory milestones, such as the potential approval of Spot Ethereum ETFs. These developments contribute to a generally optimistic view of Ethereum’s market prospects.

Realistic Crypto Price Predictions:

Bitcoin – $100,000
Ethereum – $10,000
Solana – $1,000
Injective – $100
WIF – $10
USDC – $1
SHIB – $.001

What do you think? pic.twitter.com/ZepXR2D96w

— Altcoin Daily (@AltcoinDailyio) May 24, 2024

Looking at more immediate expectations, crypto analysts have varied views on Ethereum’s potential price targets in the current market cycle. For instance, the analyst behind Altcoin Daily suggests that Ethereum reaching $10,000 is likely, a prediction partly fueled by the impact of Spot Ethereum ETFs on the market.

These guys get it right more often than not. Odds are the first set of forms will be approved and probably soon.

That doesn't however mean the $ETH ETF is launching tomorrow. There are still a few more steps in the process that will likely take weeks/months to play out after… https://t.co/nMhFHP2nF7

— CrediBULL Crypto (@CredibleCrypto) May 23, 2024

Meanwhile, CrediBULL Crypto, another analyst, offers an even more optimistic forecast, suggesting Ethereum could climb to nearly $20,000. This projection is based on the assumption that Bitcoin could double its current price, which would likely pull Ethereum and other cryptocurrencies upward in its wake.

While Markus’ prediction of $100,000 for Ethereum is exceptionally optimistic, the current sentiment and recent developments provide a strong foundation for continued growth in Ethereum’s value.

However, reaching such an unprecedented price point would require technological, regulatory, and market advancements beyond current expectations.

0

Disclaimer: Konten pada artikel ini hanya merefleksikan opini penulis dan tidak mewakili platform ini dengan kapasitas apa pun. Artikel ini tidak dimaksudkan sebagai referensi untuk membuat keputusan investasi.

PoolX: Kunci untuk token baru.
APR hingga 12%. Selalu aktif, selalu dapat airdrop.
Kunci sekarang!

Kamu mungkin juga menyukai

Tim Clanker meraih pendapatan $13 juta dari lebih dari 200.000 token di Base hanya dalam lima bulan

Clanker telah menghasilkan hampir $27 juta dalam biaya sepanjang waktu, yang menghasilkan lebih dari $13 juta dalam pendapatan untuk timnya. Sejak peluncurannya pada bulan November, platform ini rata-rata menghasilkan $2,6 juta dalam pendapatan bulanan, menjadikannya salah satu proyek paling menguntungkan dalam ekosistem Base.

The Block2025/04/04 07:12
Tim Clanker meraih pendapatan $13 juta dari lebih dari 200.000 token di Base hanya dalam lima bulan

ETF bitcoin spot mengalami arus keluar bersih hampir $100 juta saat saham anjlok akibat berita tarif Trump

Ringkasan Cepat ETF bitcoin spot di AS mengalami penarikan sebesar $99,86 juta pada hari Kamis, membalikkan arus masuk sebesar $220,76 juta pada hari sebelumnya. Pasar saham AS mengalami guncangan mirip Covid, mencatat hari terburuk mereka sejak Juni 2020.

The Block2025/04/04 07:12
ETF bitcoin spot mengalami arus keluar bersih hampir $100 juta saat saham anjlok akibat berita tarif Trump

Pengembang Ethereum menargetkan penerapan mainnet Pectra upgrade pada 7 Mei

Ringkasan Cepat Para pengembang Ethereum telah menetapkan tanggal 7 Mei sebagai tanggal target untuk peluncuran peningkatan Pectra di mainnet. Penerapan mainnet ini mencakup 11 modifikasi di bawah Proposal Peningkatan Ethereum.

The Block2025/04/04 05:34
Pengembang Ethereum menargetkan penerapan mainnet Pectra upgrade pada 7 Mei

ETF spot Solana dari Fidelity semakin mendekati persetujuan saat SOL turun 15% di tengah gejolak tarif Trump

Tinjauan Cepat Komisi Sekuritas dan Bursa AS mengakui aplikasi Fidelity untuk ETF Solana spot, sebuah langkah bertahap yang mendekatkan produk tersebut ke persetujuan. Solana, cryptocurrency terbesar ketujuh berdasarkan kapitalisasi pasar, turun 15% di tengah penurunan pasar yang luas akibat dampak dari tarif Presiden Donald Trump.

The Block2025/04/03 22:34
ETF spot Solana dari Fidelity semakin mendekati persetujuan saat SOL turun 15% di tengah gejolak tarif Trump