Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up
Ether (ETH) pundits have been shouting that the $5,000 price is 'programmed,' since 2018 and some go even further by calling for $20,000 over the long-term.
$5000 $ETH. It is programmed.
A portion of these bullish calls are based on ETH 2.0 staking and the reduced inflation resulting from EIP-1559.
At this time in 2017, $BTC was around $2kJust 7 months later it was almost $20kWhat do you think happens when the world wakes up to the APR and deflationary aspect of $ETH that is coming in less than 2 months?$20,000 is programmed IMOThis should be your largest position
The $20,000 estimate is equivalent to a $2.36 trillion market capitalization, and even if it is feasible, it still seems excessively optimistic for now.
Ether has entered an ascending
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