Ethereum’s predictions in 2021Bitcoin is not the only digital currency showing great potential in rewarding investors with high-profit margins by the end of 2021. Ethereum, like its “digital gold” counterpart discussed above, has gained a great deal of investor confidence. It is with no doubt that Ethereum is the second most sought after crypto after Bitcoin, and thus, it is essential to note some of Ethereum’s predictions in 2021.
It is worth noting that Ethereum has had its highs and lows, just like Bitcoin and other cryptocurrencies. Ethereum’s value fell from $1,300 in early 2018 to $91 by December 2018. Ethereum’s value was nearly reaching $700 by December 2020. One may, therefore, argue that crypto is highly volatile. However, these coins retain their values during their bull run, reaping the investor’s high profits.
Ethereum’s infrastructure allows for DeFi activity. However, the Ethereum community has faced many problems with the DeFi system due to the network upgrades caused by uncertainty on scaling times and Eth2 dates. Resolving this issue in 2021 will likely lead to an upsurge in Ethereum adoption outside DeFi. Ethereum is a top cryptocurrency to invest in this year.
Source: https://mycryptoparadise.com/where-is-the-cryptocurrency-industry-headed-in-2021/
Topic: Ethereum’s predictions in 2021 (Read 3672 times)