While not quite in the spotlight as much as Bitcoin, Ethereum is, nonetheless, quickly becoming the gold next to Bitcoin’s platinum and that has people looking into its future direction.
Of course, being able to predict the future value of any asset is part science and part art.
But, as far as the future value of Ethereum is concerned, there are a few directions we can see this cryptocurrency taking in the immediate future.
In this article we’ve compiled some of the best predictions from some of the most vaunted analysts in the cryptocurrency industry. Hopefully this will not only give you the information you need to increase your holdings or delve into Ethereum, but also give you some insight into the future trajectory for this revolutionary cryptocurrency.
Of course, the reputation that cryptocurrencies have for volatility in their valuation is no shock to anyone who has watched the market, but many analysts expect this to stabilize in the coming years as Bitcoin and others get integrated into the market. As far as Ethereum is concerned, making concrete predictions about its value is particularly tough given two factors: Its short market history and its somewhat violent history at that.
Instead, the best way to approach a valuation for Ethereum is to look at what the currency has going for it and what is working against it in the marketplace. Because previous data is unreliable for making future predictions, we have to rely on the strengths and weaknesses of Ethereum as it stands now and where it will be in the next several months in order to devise an estimation of its value.
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