Assuming these numbers, to be a millionaire you will need: Worst case scenario: 39 ETH or $82,000 at current prices. Conservative Model: 29 ETH or $61,355 at current prices. Aggressive Model: 18 ETH or $38,243 at current prices.
In other words, if Ethereum tripled in value from its current price of $3,500, it would take around $250,000 to make $1 million. It would also cost 69 ETH to accomplish this. What cryptocurrency will make me a millionaire?
Ethereum could reach $20,000 by 2025 according to a Finder's panel. Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196.63, according to Coin Metrics.
The $1,000 investment in Ethereum at launch would be worth $2,579,200.12 today based on a price of $1,908.61 at the time of writing. At its all-time high of $4,815 set in November 2021, the $1,000 investment in Ethereum at the time of launch would have been worth $6,506,750.25.
The average ETH holding per address is 1.87 ETH without the top ten addresses. The average ownership is 1.59 ETH without the first 50 addresses. $26.02 Ethereum; the second largest cryptocurrency in-terms of market cap, and perhaps the largest in-terms of use and adoption.
Conclusion: Yes, Ethereum Can Reach $100K
Many experts are eyeing these increasing use cases of Ethereum daily. A growing number of them have all agreed that it's merely a case of time before Ethereum potentially surges to $100,000 or more.
Ethereum's price today is US$1,664.68, with a 24-hour trading volume of $5.7 B. ETH is +1.85% in the last 24 hours. It is currently -9.76% from its 7-day all-time high of $1,844.67, and 2.21% from its 7-day all-time low of $1,628.66. ETH has a circulating supply of 120.21 M ETH.
Five years later to press-time and the $1,000 would be worth $709,740.70.
As the world's second-largest crypto coin by market cap, Ethereum proved an excellent investment choice with an impressive five-year return rate. According to data presented by BlockArabia.com, a $1,000 investment in Ethereum five years ago would be worth nearly $195,000 today, bringing a whopping 19,400% gain.
Bitcoin is up about 80% for the year, while Ethereum is up about 60%. On the surface, it would appear that Bitcoin is clearly the superior investment in 2023.
It's important to note here that Ethereum losing the entirety of its value is highly unlikely, and the same goes for other popular coins like Bitcoin. We've seen many smaller coins drop to zero, especially those with a very short history in the market.
The current circulating supply is 120,236,711.598 ETH. Ethereum price forecast at the end of December 2022 might be around $3947, change for month 11.1%. In the long-term (8-10 years), it could jump to $50467.04 or even higher.
1 ETH would be worth $12,212 in 2040 based on a 11.8% yearly growth rate. Calculate your potential ETH profits with our Ethereum profit calculator.
Ethereum (ETH) Price Prediction 2030
For the year 2030, ETH is expected to continue to rally towards $15,246.12 based on market sentiment. Failing to gain this support could see Ethereum average around $14,726.37 and bottom out $14,206.61.
Ethereum Price Prediction Overview: According to our analysis, ETH coin is expected to reach a maximum price of $2,469 in 2023, $4,615 in 2025, and $14,088 in 2030. Ethereum (ETH), the second-largest crypto after Bitcoin, has skyrocketed in value since its creation.
Investing $100 in Ethereum (ETH) could bring returns of more than 85.24% in the short term, more than 238.43% in the medium term, and more than 517.47% in the long term.
However, there are necessary conditions for Ethereum to reach a value of $10,000. One crucial factor would be the continued restoration of investors' trust in the crypto market, which needs to be widespread to establish a conducive atmosphere for Ethereum's substantial and sustained growth.
This price is expected to rise in the on-coming year (2022), with quite a few experts in finance and cryptocurrency believing that ether will overtake bitcoin. Here are a few reasons as to why people believe that Ethereum will overtake bitcoin in the coming future.
In 2015, the year that Ethereum first launched, the price started at around $0.74 and the lowest closing price for ETH was $0.42.
For 2022-3 in general, we think recession risks pose a risk to ETH and so now might not be the best time to buy ethereum if you have a medium-term outlook. We think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.
Ethereum price could drop to $1,500 if bulls do not defend this level. Ethereum price could break down the recently formed range low at $1,852, triggering a correction. The lack of bullish ... Ethereum can never go to zero, but its price could go lower than $500.
Number Of Ethereum Addresses Holding 100 ETH or More Hits New ATH. According to the latest report by 'Glassnode', the number of ETH holders with more than 100 Ethereum coins has now reached 47,722 which is a new ATH.