The secret of Ethereum to skyrocket: Brutal demand and scarcity. Did you know? 🔥 Prepare yourselves, because none other than Mike Novogratz, CEO of Galaxy Digital, has dropped a bombshell that is shaking up the crypto landscape. According to him, Ethereum (ETH) could outperform Bitcoin $BTC in returns over the next three to six months! 🤯 And why this bold prediction? Novogratz points to massive institutional demand and an offer of $ETH that is super limited. Right now, Ethereum is flirting with $3,664, a small push of 0.67% on the day and with its sights set on the psychological barrier of $4,000. Meanwhile, Bitcoin hovers around $117,757.63, but watch out! It has fallen 1.01% in the last 24 hours. The balance is shifting! ⚖️ Novogratz doesn't beat around the bush: he sees Ethereum as the backbone of Web3. We're talking about staking, DeFi protocols (decentralized finance), and those tokenized assets that are revolutionizing how we see money. Even companies like SharpLink Gaming already have millions in ETH! 💼 This, coupled with the fact that the amount of Ethereum in circulation is not infinite, could catapult its price to unprecedented levels if it breaks the $4,000 mark. In fact, Ethereum ETFs are already seeing massive capital inflows, even surpassing those of Bitcoin! 💸 Bitcoin remains king with a 65.77% market share, but Novogratz's theory is that while Bitcoin consolidates, altcoins (alternative coins) like Ethereum will take center stage. Plus, let's not forget the technical upgrades of Ethereum, like the upcoming Pectra update in the first quarter of 2025, which promises greater scalability and makes it even more attractive. ⚙️ Of course, not everything is rosy. Macroeconomic factors, like the decisions of the Federal Reserve, can always influence the path of these cryptos. So, if you're a trader, keep an eye on Ethereum's price around $4,000 and monitor Bitcoin's dominance.
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