Former Goldman Sachs CEO Raoul Pal confirmed his optimistic forecast for Ethereum in an interview for the InvestAnswers YouTube channel.
According to Raoul Pal, the second cryptocurrency could reach $20,000 by March next year.
He noted:
ETH could close this year near $15,000. I even see a small chance of growth to $40,000 by the summer. A number of signals indicate this. But I'm more inclined to forecast $20,000 by March."
He also said that the second cryptocurrency has enough competitors. For example, Solana (SOL) now resembles ETH in 2017 and has no chance of reaching $2000 in the current cycle, that is, growing 10 times.
Probably Solana and Terra will be able to overtake ETH, but at the same time ETH will not stop growing growth. I believe that the crypto space will expand 100 times in the next 10 years. Therefore, you can make money on many different coins.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Buterin hopes that the new Ethereum fund will not disappoint his expectations
The most loyal supporters of Ethereum are going to join forces to create a fund that will help improve the work of various projects on the second largest blockchain in the world.
What is Ethertanks?
Ethertanks is a browser game in which users can purchase tanks with Ethereum in real time. It sounds a little primitive, but the concept of Ethertanks looks much more interesting than Cryptokitties. Developers call gaming tanks an investment
