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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

$1,811.76

+1.62%

$1,811.76

+1.62%

(24s)

24h Volume

$13,746,308,957.54

24h H/L

$1,833.40 / $1,728.95

Change: $104.45 (6.04%)

Long/Short

63.5%

Long: 63.5%Short: 36.5%

Funding Rate

+0.0053%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,792.72

▲ 0.40%

Volume (24h): -

Resistance Levels

Resistance 3$1,982.72

Resistance 2$1,869.64

Resistance 1$1,807.20

Price$1,792.72

Support 1$1,747.45

Support 2$1,679.06

Support 3$1,615.03

Pivot (PP):$1,775.56

Trend:Downtrend

RSI (14):58.1

CoinDesk Staff

(01:30 PM UTC)

1 min read

Approved byDavid Kim

635 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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