5 price predictions for Ether in 2019: Ethereum has fallen considerably in the recent times. After hitting a high of over $900, it is consistently falling. As a result, many investors are actually worried as to where it has headed in the very near future. We shed some light on Ethereum in order to help you better understand where it is headed. We will also share with you some of the predictions related to Ether.
Ethereum Price Today: ETH Worth
Joseph Raczynski: Ethereum will hit $1,200 by Q4 2019
Joseph Raczynski, the founder of JoeTechnologist.com and a key blockchain influencer with a Twitter following of 153K, expects the value of Ethereum to hit $1,200 by Q4 2019. He attributed his projection to the popularity of Ethereum’s proof of concept among institutional investors. He also added that the network has the largest developer community.
‘They are one of the most real projects to date. Nearly all large organizations are testing on this platform’, Raczynski said.
Larger than Bitcoin:
According to Roger Ver, Ethereum will overtake Bitcoin in terms of market capitalization. Also, this will be followed by Bitcoin Cash overtaking Bitcoin. Thus, he expects that Bitcoin will be ranked lower and Ethereum and Bitcoin cash will be above Bitcoin.
Nigel Green: $2500 with a further increase in 2019 and 2020
The CEO of the deVere Group, believes the price of Ethereum will increase significantly and could hit $2,500 with a further increase by 2019 and 2020.
‘This general upswing will be fueled by three mains drivers. First, more and more platforms are using Ethereum as a means of trading. Second, the increased use of smart contracts by Ethereum. And third, the decentralization of cloud computing’, DeVere said.
According to DeVere there will be several key motivators that will fuel a rally in crypto prices, which will include the growing integration with and adoption by major banks and other financial institutions.
‘Another key reason for the rally is that there’s a growing awareness of the need and demand for digital, global currencies in a digitalised, globalised world’, Green said. ‘Ethereum can be expected to solidify its position as the second most valuable and used cryptocurrency token in the world.
Ethereum going past Bitcoin:
According to the CEO of Polychain Capital, Carlson-Wee, Ethereum will be going past Bitcoin. According to him, Ethereum is allowing users to build applications which were not imaginable a few years earlier. That is why; the rise in Ethereum will be significant. He further stated that the kind of development which Ethereum is making possible is close to sci-fi. It will not only change the payment industry but it will also change the way in which people store wealth. As a result, the potential in Ethereum is pretty huge and it will continue to rise in the future.
Multiplied by 3 times:
According to the co-creator of Ethereum, Steven Nerayoff, the market cap of Ethereum will increase to $ 110 billion. This is almost 3 times rise from the current market cap. This is the reason why it can actually increase significantly. According to him, the number of products which are being built on the Ethereum blockchain are ever increasing. This is the reason why the value of Ethereum will also increase significantly.
Thus, if you are the investor and are thinking of investing in Ethereum, now is the time to do so. With so many bullish predictions, you can be sure that Ethereum can increase significantly from the current levels. Keywords: Ethereum, Ether, price prediction, cryptocurrency, Ethereum price prediction, ether price prediction, eth price forecast