Sun Yuchen makes an astonishing prediction: $ETH
Will see a 10-fold surge, targeting the $5000 mark! 🚀
This founder of Tron recently stated that ETH will achieve this goal in the coming months, sparking heated discussions in the market. What is the basis for this claim?
The tenth anniversary celebration catalyzes market sentiment: On July 30, Ethereum will celebrate its tenth anniversary, combined with a technical upgrade milestone, under the dual benefits of these events, the market's attention and expectations for ETH have surged.
Recognition of the project's long-term value, combined with short-term event-driven factors, could become the trigger for pushing prices higher.
Technical upgrades + event promotion working hand in hand: The Ethereum Foundation is taking advantage of its tenth anniversary to hold a global celebration and launch interactive activities such as a $500 reward, directly stimulating community activity and buying demand.
The performance improvement expectations brought by technical upgrades, combined with the traffic effects generated by the events, may create a short-term supply-demand imbalance, driving prices up.
Sun Yuchen's “real money” bet: According to his public statement, he has heavily invested in ETH.
The continuous inflow of large funds undoubtedly provides liquidity support for price breakthroughs.