Opinion: By the end of the year, the price of Ethereum is able to reach $ 10,000

In 2021, Ethereum may surpass Bitcoin in terms of profitability, and the price of a coin can grow to $ 10,000. Such a forecast was given by the famous cryptotraider and leading podcast The Wolf of All Streets Scott Melker in an interview with Cointelegraph.

In his opinion, the current period of consolidation of Bitcoin prices has become very optimistic for the second cryptocurrency capitalization, the course of which has recently reached new maximums. It was the performance of Ethereum that the trader called the main catalyst for the growth of the altcoin market.

He said that in recent months he has largely switched his strategy from the first cryptocurrency to the air.

“It reminds me of the Internet investment in the early 1990s,” said Meleker.

He does not consider his short -term forecast for the price of Ethereum too bold:

“I don’t understand why this madness. In fact, only an increase of less than five times from the current price. Bitcoin last year increased https://gagarin.news/ almost three times “.

Recall that the analysts of the Kraken exchange also admitted that the profitability of Ethereum will surpass the bitcoin indicator, and the price of the coin will exceed $ 15,000.

In the growth of the second cryptocurrency capitalization, both the founder and managing partner of the investment company Skybridge Capital Anthony Scaramucci is sure.

In the first three months of 2021, the price of bitcoin increased by almost 103%, this was the best indicator of the first quarter for the flagship since 2013. Ethereum quotes added more than 250% for the period.