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« on: July 01, 2019, 01:12:37 PM »
There is no such formula which says that this is the point where you need to invest and this a point where one needs to sell. But, we can analyse the market and take a call.
In the last six months, Ethereum performed the best in the month of May, where it reached $272.36 on 27th of May, 2019. Before this, Ethereum has gone through so much volatility, where it was lingering somewhere between $100 to $150, but it has managed to touch $250 by mid-May. The market experts are predicting that Ethereum might touch $300 in the month of June 2019 because of many possible reasons. Joseph Lubin, Ethereum co-founder mentioned about the release of Ethereum 2.0, which is going to be 1000 times more scalable than what it is today, in 24 months or so. Ethereum 2.0, also known as Serenity, has been divided into four phases, already the testnet beacon blockchain is live. Lubin mentioned that Ethereum 2.0 is going to be fully operational by the end of this year.
Joseph Raczynski
The founder of Joe Technologist.com and a blockchain enthusiast with 153K twitter follower, Joseph Raczynski predicts that the value of Ethereum might reach $1200 by the end of 2019. He even stated that the ETH network has the largest developer community and that Ethereum's proof of concept is popular among institutional investors.