$ETH #EthereumFuture

Assuming a 33x FCF multiplier and 120.7 million tokens, we conclude a base price target for 2030 of $11,848 per token. To determine the current dollar valuation, we discounted the value of Ethereum by 12% even though we found, through the CAPM model, that the rate was 8.74%. We use this higher figure to reflect the increasing uncertainty surrounding the future.