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Call me crazy - ETH at $25k+

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by COINS NEWS 42 Views

That would put the total fully diluted valuation of ETH at $3 trillion which is more than the current total crypto market cap of $2.4t.

I know you guys think this sounds crazy, but you do not realize how early we are. Despite all the progress that has been done in crypto in the past years, we're still yet to go big (and I mean OMEGAbig). Might as well buy an Omega luxury watch as a symbol of how omega big the crypto market is going to get.

As a matter of fact, the top largest tech companies are worth $27.188 trillions in market cap. Crypto will only continue to grow from here and I believe it will easily be worth as much as the whole tech sector. And you better believe that ETH will be worth at least 10% of that if not more.

Here are some arguments.

  • If the ETH ETF is going to get approved, Ethereum will have less sell pressure compared to Bitcoin. Failed cryptocurrency firms such as FTX had a lot of BTC to liquidate. Might not be true, but a decade later we're still hearing about Mt Gox BTCs getting sold on the market.
  • Wallstreet loves tech, and I mean LOVES it. As you may recall, ETH is the first blockchain where you can develop and deploy smart contracts. With the risk of triggering some fans (sorry solana fanboys), it is the most advanced blockchain where you can deploy a dapp. The development community is huge & the possibilities are limitless.
  • Gas fees are moderately getting better.
submitted by /u/merryfasos
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