Could Ethereum reach 30 thousand dollars?
And how long would it take to reach this value?
Basic analysis of $ETH
It has a market capitalization of 371 billion.
It has 120,714,500 million coins.
It has an impressive trading volume in 24 hours of 35.7 billion (35,700,000,000)
Currently, it is the second largest cryptocurrency, only behind Bitcoin.
After all, could #ETH reach 30,000 dollars?
It is possible, but it would need to have much greater acceptance in the market (companies), usually large companies that invest in cryptocurrencies, they buy most of it in Bitcoin.
But that doesn't mean it's a bad thing; Ethereum has been above a thousand dollars for years, and on average, above 2 thousand dollars.
In a matter of a few months, we will see Ethereum at 5 thousand dollars, and in another 2 to 5 years at 10 thousand.
Just by influencing the value upwards, positively, it already attracts many interested people and companies, thus increasing its value due to demand.
There are people who think about making 10 dollars, others 100, and others 1,000.
Large companies that risk their reserve capital can be sure that they will not leave the money idle for 5 years, but at a minimum, they will want to get 3, 4, or 5 times the invested amount.
No company will invest 30 million thinking of making only 5 million; they are certainly already thinking of 100, 150 million, given the time the money remains idle.
Before 2040, we will see Ethereum at 30k.
Note: It is a possibility.
