RATE Group | Analyst Predicts Ethereum Price to Hit a Record $2,500 in 2018
24802
post-template-default,single,single-post,postid-24802,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Analyst Predicts Ethereum Price to Hit a Record $2,500 in 2018

29 Apr Analyst Predicts Ethereum Price to Hit a Record $2,500 in 2018

Posted at 18:42h in Ethereum News by

[ad_1]


Ethereum price $1000

Join our community of 10 000 traders on Hacked.com for just $39 per month.

Ethereum could rise fourfold to $2,500 and have a record-setting year this year, a financial consulting firm has predicted.

“The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020,” Nigel Green, founder and CEO of deVere Group, stated in an email to MarketWatch.

Three Factors At Work

Green attributed the general upswing to three drivers. The first being that more platforms are using Ethereum for trading. Secondly, Ethereum contracts are expanding. Thirdly, the decentralization of cloud computing bodes well for Ethereum.

Green further observed that regulation in the cryptocurrency sector is inevitable, which points to greater investor protection and long-term market confidence. Ethereum has emerged as the digital currency of choice for new token issuers due to its efficiency and flexibility. The average…

[ad_2]

Article Source

Tags:
, , , , , , ,