Ethereum has been on quite a run lately. Even with Bitcoin pulling back, it is near all time highs. This is bringing out the forecasters who are putting up some wild numbers.
$5K? $10K? $28K? $50K?
In this video I discuss how it is great that the big players are now looking to get involved with Ethereum. It will further help the industry, removing Bitcoin as the "only game in town".
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BEER.I didn't realize that they were working on wrapped Hive. If that does happen, then some of that money being put in should help the price of HIVE. Looks like there are quite a few things to look forward to.
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Agree. I am tired of seeing Hive in the 0.11$-0.12$-0.13$ price range while other coins crush. We deserve a much better price.
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4k in the next month or two, I'll make a post about it :)
Lot of information about yttrium I have learnt from your video. I am agree that another project can be part of the Bull market like Bitcoin. and in that case Etherium is one of the the next coming project to come into existence in the Bull market. the speculators issue you have a discussed or just want 10 x over any year are really true. your ethereum is in the spotlight
Summary:
Task discusses the growth of the cryptocurrency industry, focusing on the rise of Ethereum and its potential for significant price appreciation. He compares Ethereum to Bitcoin, highlighting the attention and investment it is currently receiving. Task emphasizes the importance of Ethereum's development, particularly in the realm of decentralized finance (DeFi). He touches on other blockchain projects like Cardano, EOS, and Tron, noting their challenges and potentials. Furthermore, Task mentions the significance of liquidity pools and how they can impact the token price of projects like Leo Finance. He concludes with optimism for Ethereum's future and the positive impact of Wall Street money entering the cryptocurrency space.
Detailed Article:
Task's discussion delves into the evolution of the cryptocurrency industry, with Ethereum emerging as a serious competitor to Bitcoin. He notes that Ethereum has recently crossed an all-time high and is being considered for significant price targets by forecasters. The comparison between Ethereum and Bitcoin is made, highlighting Ethereum's potential for growth and the attention it is garnering from institutional investors.
The conversation revolves around the utility of Ethereum, particularly in the realm of DeFi, where it has seen considerable success. Task points out that Ethereum's value is fundamentally tied to its activity and development, distinguishing it from Bitcoin. He predicts a surge in DeFi market value, suggesting that Ethereum's token price could experience substantial appreciation by the end of the year.
In contrast to Ethereum's progress, Task briefly discusses other blockchain projects like Cardano and EOS. While he acknowledges the potential of these projects, he highlights the challenges they face, such as leadership issues and development delays. This comparison further underscores Ethereum's current dominance within the industry.
Task elaborates on the importance of liquidity pools, specifically in the context of Leo Finance, explaining how they can impact token prices by maintaining balance with Ethereum. This discussion showcases how Ethereum's ecosystem benefits other projects and tokens wrapped on its platform.
The conversation concludes with Task expressing optimism for Ethereum's future and the positive influence of institutional money entering the cryptocurrency space. He hints at the possibility of Ethereum's price reaching new milestones in 2021 and emphasizes the industry's potential for growth and diversification beyond Ethereum.
Overall, Task's analysis provides valuable insights into the dynamics of the cryptocurrency market, focusing on Ethereum's rise, its impact on the industry, and the potential for further growth and development in the coming months.