This would really upset the #Bitcoin maxis's wouldn't it? :)
The number's in terms of dollar's per coin start to get ginormous.
Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH
= 2.28 Trillion market cap for Ethereum
Divided by the current supply of 120M coins
We get a usd value of $19k per coin
Is this my prediction ? IDK
Smashing through $10k so significantly seems hard to imagine
Unless a Ethereum ETF is launched early next year!!!
Rather than a Bull trap if approved late in 2025
Either way The ETH 38% dominance could very be a likely scenario in my mind based on this chart pattern alone.
The number's in terms of dollar's per coin start to get ginormous.
Assuming a $6 trillion Total Market cap and a peak dominance of 38% by ETH
= 2.28 Trillion market cap for Ethereum
Divided by the current supply of 120M coins
We get a usd value of $19k per coin
Is this my prediction ? IDK
Smashing through $10k so significantly seems hard to imagine
Unless a Ethereum ETF is launched early next year!!!
Rather than a Bull trap if approved late in 2025
Either way The ETH 38% dominance could very be a likely scenario in my mind based on this chart pattern alone.
Trade active
PERKING UP those two breakout levels remain KEY
Trade active
tradingview.com/chart/o6iSJEiS/We have two big drivers for ETH
The ETF to start trading
and the further popularity of memecoin trading on coinBASE which is also positive for ETH
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.