What will happen to Ethereum in 2021 – investor opinions

CONTENT

  • Shifting to Ethereum 2.0 May Accelerate ETH Growth

  • Market participants expect new price peaks from ETH

  • Bitcoin Movement May Support Ethereum

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Bitcoin (BTC) is not the only cryptocurrency that investors are closely monitoring the behavior of the course. Other capitalization leaders also remain in the spotlight. Among them, Ethereum (ETH) stands apart – a cryptocurrency whose developers began its transition to the protocol version 2.0..

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In particular, investors are interested in the prospects for the movement of the coin rate. For predictions, many turn to well-known members of the crypto community. Unfortunately, practice has shown that being famous does not guarantee the accuracy of the prediction..

The editorial staff of BeInCrypto decided to find out what they think about the prospects for the movement of the Ethereum rate, the very driving force of the digital asset market – its investors.

Ethereum Price Prediction 2021

Ethereum predictions for 2021 from market participants

The second largest cryptocurrency in terms of capitalization, Ethereum, began the year at $ 129 (according to CoinMarketCap resource). The maximum cost of 2020, at the time of writing, was recorded on December 4 at an altitude of $ 614. The most expensive coin was traded in January 2018 ($ 1,432).

Ethereum chart. Data: CoinMarketCap

Many members of the crypto community expect Ethereum to update its all-time high (ATH) in 2021. Some even set specific deadlines. For example, a Twitter user under the nickname BitcoinAgile is confident that ETH will be able to reach the next ATH by November 2021. This forecast found a response among members of the crypto community..

The investors who supported his point of view explained the growth potential of the coin by the prospects that the transition to the protocol version 2.0 opened before it. Also, members of the crypto community are confident that next year the project will be able to reach a new level of adaptation.

2021 will be a huge year for the social layer of Ethereum.

Let’s take a look at projects leveraging social capital for viral status games

– Coopahtroopa _ (@Cooopahtroopa) November 28, 2020

The trader who runs a blog under the nickname TraderLenny, in turn, did not give specific predictions. Instead, he limited himself to an equally humble opinion that Ethereum could demonstrate one of the best growth results in 2021..

Many members of the crypto community agreed with his position. Some even dubbed the next year “the year of Ethereum.” The maximum value already registered at the end of 2020, according to investors, is just the beginning of a positive movement in the cryptocurrency rate.

Some members of the crypto community believe that the growth potential of Ethereum will allow the coin to surpass the results of the absolute leader of capitalization – bitcoin. At the same time, investors do not exclude that it is the positive movement of BTC that can become a growth driver for ETH..

Chris Berniske, partner at venture capital firm Placeholder, shares the same point of view. He believes that if Bitcoin grows to $ 50 thousand, Ethereum will be able to rise in price to $ 7,500.

If $ BTC goes > $ 50,000 in the next cycle, and $ ETHBTC returns to its former ATH, then expect to see $ ETH > $ 7,500. pic.twitter.com/5tetUJdbCS

What will happen to Ethereum in 2021 - investor opinions

– Chris Burniske (@cburniske) June 14, 2020

How to buy Ethereum safely

At the time of writing, Ethereum is trading at $ 579 (according to CoinMarketCap). The positive sentiment of investors, opened by the launch of protocol version 2.0, the potential, support for ETH due to the rise in bitcoin prices and other factors indicate the prospect of further growth in the cryptocurrency rate in 2021.

Recall that from January 1 of next year, laws governing the digital asset market come into force in the Russian Federation. In particular, the use of cryptocurrencies, as an alternative to the ruble, will become illegal. Investors, amid the innovations, run the risk of facing increased attention from the tax and other regulators.

The solution to the problem can be working on a completely anonymous trading platform. For example, in Russified StormGain. The exchange does not collect personal information, so its users can carry out transactions with coins and keep them confidential.

Top 10 Popular Trading Pairs on StormGain

Another advantage StormGain – the presence of permanent bonus programs. for instance, when registering by link, every new user gets 25 USDT for replenishment of the deposit.

You can find out what forecasts for Ethereum experts give from our material.

Share your opinion on whether ETH will be able to renew the maximum value in 2021 with other members of the crypto community in our Telegram channel. 

Disclaimer

All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website..

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What will happen to Ethereum in 2021 - investor opinions
What will happen to Ethereum in 2021 - investor opinions
What will happen to Ethereum in 2021 - investor opinions

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