Ethereum Price Won’t Hit $10,000 This Year, but This Altcoin Is Set for 20x Gains
Launched exactly six years after Bitcoin, Ethereum has risen through the crypto ranks to become the second most valuable crypto asset by market cap with almost 20% in market share.
Its popularity stems from its ingenious flexibility, which has enabled decentralized transfer and decentralized financial trading, and smart contracts.
This seemingly pivotal first-mover advantage (FMA) has seen many people postulate that $ETH could be on a pilot flight to $10,000 by this year's end following its successful switch to a proof-of-stake (PoS) consensus algorithm.
However, macro events could serve as a stumbling block given the whirlwind of regulatory actions targeted at the crypto space.
Even if $ETH does not make the $10,000 target price, the foremost smart contract token is still expected to post an impressive profit before the curtains of 2023 close.
Nonetheless, investors can easily tap into a new generation crypto trading solution called yPredict and significantly boost their earning potential in the short term.
At press time, the Ether token is trading at $1,820, indicating a downtrend of 0.19% in the last 24 hours.
While it has tried to turn its sail back into calmer waters, the $ETH token has been unsuccessful as it has since shed 0.41% in the past hour.
However, its fortunes gradually improve over time.
$ETH is up 0.5% in the past seven days but is down by 2.37% in the last 30 days.
The asset's bullish streak is, however, picked up in the 90-day streak as it has posted an impressive 14.31% increase and 52.67% in the 180-day bracket.
Its year-to-date (YTD) performance also leaves little room for speculation about its current market trajectory, with the Ether token up 52.52% so far.
This bullish streak is, however, cut short
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