Categories: News

Traders Believe in Returning ETH Price to $ 1,000

According to a cryptocurrency tader survey on Twitter, more than half of those polled believe that the ETH rate will return to $ 1,000.

Nick Patel spent
a survey in which more than 5 thousand people participated. 54% of respondents believe that the broadcast will return to $ 1,000. 34% of respondents do not believe in such an outcome, and 12% of respondents did not express a clear opinion. At the beginning of 2018, the second cryptocurrency reached $ 1,400 per coin. Currently, the air is trading around $ 210.

According to many analysts, the altcoin market will never return to its peaks and the dominance of bitcoin, which is now at 68.5%, will not be able to shake anything.

Despite the fact that the ether holds the position of the second cryptocurrency by capitalization, a third of the coins are
a total of 376 addresses. At the moment, the capitalization of ether reaches $ 22.8 billion, which is only 11% of the bitcoin capitalization.

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