ETHEREUM HITS NEW HIGH - WHAT I THINK ABOUT THIS? (THAT WAS YESTERDAY)

By TokenOnFire | holdthatcrypto | 23 Apr 2021


Note: This blog was created last night before the Crypto market prices starts falling - but I still believe in what I wrote yesterday.

Ranked #2 and with a market dominance of 14.54% at the moment that I am writing this blog, Ethereum has hit a new high again on the 22nd April 2021. The first peak was going above the $2000 and now it has peaked up to $2600. 

a6f0acc0c994d63fce0aa09bf60d90cdc12ad1771f3e4fa822fff90cc0fe01e8.png

Photo from: https://coinmarketcap.com/currencies/ethereum/

 

This is not financial advices but only my personal analysis and research on the currency. Ethereum seems to mimic a trend of another famous cryptocurrency - Bitcoin. Well the price was as low as $1.44 in August 2015 and right now in April 2021 that is an increase of up to: 180,555.55%. This is what I call a good return on investment. 

I am strongly confident that this price will go even higher in the months/years to come. If you are lucky to have this coin, I wish you can have a bright future in the future. I strongly believe that with the arrival of Ethereum 2.0 where the goal is to achieve more transactions at a faster rate - this might contribute to the price going higher.

984f3bbcaba757d54d7a1c242541698f974c8fec871322e77ce4a9de94b993ce.jpg

Furthermore, Ethereum 2.0 will be using validators instead of miners which is more environmental friendly and energy efficient. The energy efficient/ more environmental friendly factor will not leave the price unaffected but may cause the price to explode hitting another yet all times high.  

1a0fee810a04554bd49fb6e67d1550c829e98405d642b996e3895675ba37cc8a.jpg

If you are still reading this article and have reached till here - What do you think the price of Ethereum will be on 1st August 2021? Please let me have your thoughts in the comment section.

Have a lovely and happy day/night ahead :)

How do you rate this article?


2

0


holdthatcrypto
holdthatcrypto

Hello everyone and welcome to my blog. Here I will be posting the latest updates and news on cryptocurrencies. I hope you enjoy it.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.