Will come true if the forecast? Analyst predicted the Ethereum $ 2,000 by year-end
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In the early years the founder of the ConsenSys Capital Andrew Keyes has published in his blog article with the prediction of the main coin prices and market capitalization in General. The analyst fall into the trap of hype is what often happens to people who try to anticipate events in cryptocotyle. However, some of his predictions has come true yet, CCN.
The Main prediction of Keyes was the capitalization of the cryptocurrency market. According to him, the figure for 1 January 2019 will amount to $ 2 trillion. This means that the analyst expected the continuation of the rally that began in November 2017. He also said that the rate of Ethereum in 2018 will rise to 2 thousand dollars, and the capitalization of the coin would be higher than that of Bitcoin.
However, this has not happened yet — today is trading at $ 210. Capitalization of the coin is about $ 21 billion, whereas in Bitcoin — about $ 112 billion.
But one of the predictions Keyes has come true yet — the analyst predicted that in 2018 the market will be several tablconv or provided the dollar cryptocurrencies. In addition to the Tether, a private token Gemini dollar (GUSD) exchange brothers Winklevoss and blockchain startup Paxos. The last two token-based standard ERC-20 and approved by the Department of financial services of the state of new York.
In July, scientists from the University of Texas that provided the dollar Tether was used to manipulate the Bitcoin exchange rate at the end of 2017. Researchers claimed that a token has an impact not only on the first cryptocurrency, but also on the entire market.
Will the Ethereum increase dramatically? Share your predictions in .
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