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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

$2,689.01

+0.39%

$2,689.01

+0.39%

(24s)

24h Volume

$10,789,908,060.36

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,690.81

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,690.81

Support 1$2,681.00

Support 2$2,314.75

Support 3$2,159.67

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.5

CoinDesk Staff

(01:30 PM UTC)

1 min read

Approved byDavid Kim

0 comments

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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