Ethereum price predictions 2018. Ethereum is the 2nd most valued cryptocurrency currently. Naturally, people will be intrigued by the opportunity which Ethereum cryptocurrency provides. This is the reason why investors are trying to find out about Ethereum price predictions 2018.
Most of the cryptocurrency experts with whom we will speak are actually bullish on Ethereum cryptocurrency. We will today discuss some of the Ethereum price predictions 2018.
Ethereum price predictions 2018:
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Currently, the price of Ethereum is around $. The one-year forecast is that its price by this calendar year 2018 will be around $ 2100. From the current price, it seems like it will more than double.
Most of the cryptocurrency enthusiasts are so bullish on the cryptocurrency that they think that within 5 years, it will be trading at least around $ 6700. This is a significant increase from the current prices.
The reasons behind the rise of Ethereum are plenty. Ethereum is used as a platform these days by a wide variety of ICOs as well as other cryptocurrencies.
The smart contracts capability of Ethereum is 2nd to none. Many corporations, as well as business houses, are using the smart contracts capability of Ethereum in order to create their own products as well. This is further making Ethereum more and more popular as well. As the platform becomes widely used, it will gain more and more movement and this will increase the price of the cryptocurrency as well. As the decentralized usage of the platform becomes more and more popular, the demand for the cryptocurrency will also increase.
Moreover, there are quite a few companies which are solely working on the Ethereum blockchain rather than the Bitcoin-based blockchain. Thus, the prominence which it will be able to achieve will be much higher as compared to the Bitcoin-based blockchain. The underlying technology seems to be pretty strong as well. This is the reason why the predictions in the year 2018 as well as thereafter are actually pretty positive.
If you’re looking for a cryptocurrency in which you can invest in at the current prices, Ethereum looks like a safe bet. Moreover, with strong applications and underlying usage, you can be sure that it is not just another inflated cryptocurrency. It offers great value as compared to some of the other cryptocurrency tokens. Also, with a significant amount of market cap, the volatility is comparatively on the lower side which will provide you with some degree of stability in your portfolio.