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via CoinDesk · By CoinDesk Staff

Tom Lee's $250,000 ether (ETH) target would imply $2 million per bitcoin (BTC)

ETH

ETH/USDT

$2,455.00
-2.85%
24h Volume

$9,687,710,664.69

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,458.24

0.10%

Volume (24h): -

Resistance Levels
Resistance 3$2,855.08
Resistance 2$2,593.80
Resistance 1$2,516.30
Price$2,458.24
Support 1$2,445.59
Support 2$2,316.57
Support 3$2,190.00
Pivot (PP):$2,478.04
Trend:Uptrend
RSI (14):62.8
CS
CoinDesk Staff
(01:30 PM UTC)
1 min read
DK
Approved byDavid Kim

Tom Lee’s $250,000 ether target: Here’s what math says about this crazy prediction

Bitmine's chairman told a Paris conference ether would 50x from here on AI and corporate validators. Here's how supply schedule, the ETH-to-bitcoin ratio history and the actual breakdown of staked ether look at those levels.

Ether at $250,000 would make Ethereum a $30 trillion network, larger than the U.S. Treasury…

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Source

CoinDesk Staff · CoinDesk

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