• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • bitcoinBitcoin(BTC)$27,631.00-1.90%
    BITCOIN
    24H : -1.90%
    Volume : $20,371,354,532.00
    Marketcap : $531,430,178,216.00
  • ethereumEthereum(ETH)$1,757.79-2.06%
    ETHEREUM
    24H : -2.06%
    Volume : $10,688,102,181.00
    Marketcap : $210,893,567,859.00
  • binancecoinBNB(BNB)$326.100.620%
    BNB
    24H : 0.620%
    Volume : $528,049,614.00
    Marketcap : $51,239,264,341.00
  • rippleXRP(XRP)$0.4494.07%
    XRP
    24H : 4.07%
    Volume : $1,943,380,115.00
    Marketcap : $22,777,915,178.00
  • cardanoCardano(ADA)$0.362-0.23%
    CARDANO
    24H : -0.23%
    Volume : $313,613,283.00
    Marketcap : $12,657,016,705.00
  • dogecoinDogecoin(DOGE)$0.075-0.13%
    DOGECOIN
    24H : -0.13%
    Volume : $513,608,916.00
    Marketcap : $10,411,630,049.00
  • matic-networkPolygon(MATIC)$1.10-1.60%
    POLYGON
    24H : -1.60%
    Volume : $511,335,151.00
    Marketcap : $9,928,829,365.00
  • solanaSolana(SOL)$20.68-4.66%
    SOLANA
    24H : -4.66%
    Volume : $592,183,594.00
    Marketcap : $7,909,302,850.00
  • polkadotPolkadot(DOT)$6.04-1.82%
    POLKADOT
    24H : -1.82%
    Volume : $191,073,540.00
    Marketcap : $7,316,945,081.00
  • okbOKB(OKB)$42.08-6.24%
    OKB
    24H : -6.24%
    Volume : $40,344,845.00
    Marketcap : $2,516,232,500.00
TodayinCrypto.com

TodayinCrypto.com

  • Home
  • Latest News
  • YOUTUBE RECAPS
  • CONTACT US

Ethereum price prediction “going to $41.000 sooner than you think.”


February 3, 2021 · By JP
Ethereum (ETH)

Chris from MMCrypto and Carl from The Moon just arrived in Tulum and discussing Ethereum. They both bought ETH around 2 months ago when the coin looked oversold. An important reason for Carl about buying ETH is that people are actually using the coin, so the fundamentals are very strong. He sold a small portion of BTC and converted it to ETH as a medium term strategy.

Chris mentioned that ETH is similar consolidating like BTC before the breakout and the chart looks very strong. Main reason for Chris is that ETH is used in DeFi. “There is 25 billion locked into DeFi and 10 billion is ETH, and it’s getting more and more each day. So ETH is being locked-up and therefore becoming more scarce.”

According to Carl Defi seemed to have cooled off a bit after a strong summer (2020), however it seems clearly coming back now. “Even though DeFi might turning into a bubble -where 95% of the tokens may die in the end- there will be coins going to do 50x to 100x. But watch out, Chris and I we know that things are easily going up 100x, however they go down just as easy 90% – we’ve seen it before! If you make a 10x or 50x take profits and invest in bitcoin.”

Regarding the price prediction Chris is reasoning “if the DeFi bubble is continuing to explode, I think that ETH is valued the same against BTC as in the last bull run, about 0.15 ETH/BTC, back then $1.400. My price prediction for BTC is $275.000, so if we reach the same valuation again we could see $41.000 which sounds crazy at the moment, but let’s see where we are at the end of this year.

Carl added: “I even think that ETH could reach 20% of the BTC price, and BTC could easily reach $100.000, so a price of $20.000 for ETH seems very possible, and It’s absolutely speculation, but I could see a range from $20.000 to $60.000.

The episode premiered on February 3, 2021.

Primary Sidebar

LATEST NEWS

Terraform Labs co-founder Do Kwon wanted by Interpol arrested in Montenegro

March 23, 2023

SEC sues Tron’s Justin Sun and celebrities for illegally promoting crypto securities

March 22, 2023

Texas house introduces bill supporting Bitcoin economy in the state

March 21, 2023

Belgium cryptocurrency ads must highlight risks under new regulations

March 20, 2023

Crypto Entrepreneur Justin Sun proposes to acquire Credit Suisse for $1.5 billion

March 19, 2023

  • Facebook
  • Instagram
  • Twitter

Newsletter

Footer

ABOUT US

TodayinCrypto is a financial media brand that strives to deliver breaking, accurate and daily news about digital assets to millions of investors in the crypto industry.

We are passionate about Bitcoin and are keen to share news about the people, companies and technological developments that are changing our world.

TODAY IN CRYPTO

  • Arbitrum Airdrop Frenzy: Super Hunters Consolidate Millions in Tokens March 24, 2023
  • Terraform Labs co-founder Do Kwon wanted by Interpol arrested in Montenegro March 23, 2023
  • SEC sues Tron’s Justin Sun and celebrities for illegally promoting crypto securities March 22, 2023

Search

Tags

Aave (AAVE) Aleph.im (ALEPH) Arweave (AR) Avalanche (AVAX) Benchmark Protocol (MARK) Binance Coin (BNB) Bitcoin (BTC) Bondly (BONDLY) Bridge Mutual (BMI) Cardano (ADA) Celsius Network (CEL) Chainlink (LINK) Decentraland (MANA) Dogecoin (DOGE) Elrond (EGLD) Enjin Coin (ENJ) Ethereum (ETH) Ethernity Chain (ERN) Fantom (FTM) FTX Token (FTT) Kusama (KSM) Litecoin (LTC) NFT OriginTrail (TRAC) PAID Network (PAID) PancakeSwap (CAKE) Polkadot (DOT) Polkastarter (POLS) Polygon (MATIC) SnowSwap Solana (SOL) SuperFarm (SUPER) Sushi (SUSHI) Terra (LUNA) Terra Classic (LUNC) The Graph (GRT) Theta Network (THETA) Tixl (TXL) Trustswap (SWAP) Uniswap (UNI) USD Coin (USDC) VeChain (VET) XRP (XRP) yearn.finance (YFI) Yield Optimization Platform & Protocol (YOP)

Copyright © 2023 · Today in Crypto · Terms & Privacy · Log in