ETH could reach $1000 in next three months if ICO's continue to grow at this pace...

in ethereum •  8 years ago 

Ethereum today reach to $400 and it is predicted that i t will continue its journey towards increasing trend and soon it wil cross $1000 but there are some reasons behind this whole game as the predictors has set conditions and limits for Ethereum price trending. as it will touch $1000 in the end of this year if ICO's continue to grow at this pace as currently are.

Below charts are indicating ETH last 24 hours price,market sharing and total volume from last month.

Source:https://www.cryptocompare.com

                     https://coinmarketcap.com/all/views/all/


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I think ETH has a good potential for a climb suring this current ICO crazed period. Most of the ICO's I am currently seeing are forcing a good portion of the funds raised (usually in ETH) to be held for a term of 6 to 12 months before the devs can liquidate if they choose to do so. So I guess the bigger question is, after this holding term... will ICO's still be all the craze and will it be able to support the sell pressure or not? I would like to think so but I guess we will find out :) either way, very exciting and thanks for the post!

I think a lot of the devs for many ICO's will want to sell out eventually, but the risk is determining when.. very tricky stuff!

Absolutely. I am holding a decent amount of ETH but just riding the wave right now and selling small blocks during the spikes. Not really buying any additional coins at this point though.

you are doing well as never put all the eggs in one or same basket.

nice reply thanks.

yes you are absolutely right nice questions some experts can reply of your wondering questions.

IOTA coin in a matter of hours became the 6th biggest coin in market capitalization. Excellent investment opportunity like never before!

http://coinmarketcap.com/currencies/iota/#charts

믿습니다. Ethereum의 미래

yes it will boom boom soon.

I think so too.

I think you are right. EOS will probably keep ETH pumped up for at least a year alone due to its year lone ICO. Upvoted and Followed. You may be interested in my views as well: https://steemit.com/cryptocurrency/@wolfofcrypto/iconomi-the-sleeping-giant

sure dear

nice info

And it happened - but what I especially wonder about is what will happen in 2018. I will personally inform myself more about ICO's and probably also test it out to some part.