RATE Group | Ethereum at $1000, Other End-Of-Year Predictions Made by Well-Known Investor
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Ethereum at $1000, Other End-Of-Year Predictions Made by Well-Known Investor

05 Nov Ethereum at $1000, Other End-Of-Year Predictions Made by Well-Known Investor

Posted at 12:20h in Ethereum News by

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The Chinese Ministry of Industry has recently released rankings for 14 of its cryptocurrency projects. In it, EOS topped the list, followed by TRON and Ethereum.

These positive news come at a very interesting time for cryptocurrencies. Ethereum, in particular, is readying for the release of Ethereum 2.0, a proposed hard fork, that BeInCrypto has previously reported on. In a recent poll, however, when the co-founder asked the question of “would it ever be appropriate to conduct a hard fork to revert chain activity after a serious hack”, the response was a resounding “No”, with 63% of voters disagreeing with a hard fork under any circumstances.

Ethereum experienced a hard fork in 2016 after a DAO hack, which caused it to split into two chains, giving birth to Ethereum Classic (ETC).

Both ETC and ETH, however, have been steadily increasing in 2019.

For the future, some interesting predictions were given by William Mougayar (@wmougayar), a well-known author and investor.

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