28 Apr Another Day, Another Wild Prediction: deVere CEO Predicts Ethereum May Reach $2500 By End of 2018
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After a volatile and bearish past few months, the global cryptocurrency market is finally beginning to stabilize. Following its continuous uptrend and peak at nearly $1400 USD in early January, Ethereum endured a sharp decline – reaching as low as $380 USD.
As more projects take advantage of smart contracts and ICOs issue ERC20 tokens, the usage of Ethereum continues to rise and with it, the price of Ether follows.
The rise in the global trading volume of cryptocurrencies has also contributed significantly to the return of Ethereum, the second largest cryptocurrency by market capitalization ($64.46 billion USD).
According to the Binance CEO, Zhao Changpeng’s LinkedIn profile, Binance has outperformed Deutsche Bank in overall profit yield in Q1 2018, making it clear that even with the market downturn, the demand for buying and selling crypto is still high.
deVere CEO Expresses Optimism About Future Price of…
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