Stock Groups

JPMorgan Strategist Calculates — ETH Price Will Drop to $1.5K By CoinQuora

by Mike Robinson

[ad_1]

© Reuters. JPMorgan Strategist Calculates — ETH Price Will Drop to $1.5K
  • is not very unique anymore.
  • There is growing competition involving ‘Ethereum Killers’.
  • JPMorgan (NYSE:) Strategist estimates Ethereum price will drop 55% reaching $1,500

Few cryptocurrencies such as , Solana, and Avalanche are evolving in the crypto market as ‘Ethereum Killer’. This is due to the fact that ETH isn’t unique as other altcoins are growing in competition.

Amid competition from ‘Ethereum Killer’, JPMorgan’s Managing Director Nikolaos Panigirtzoglou estimates Ethereum price will drop 55% reaching $1,500. The Ethereum (ETH), price hit $911.20 in May, an all time high. This is because of the increased user’s interest in Ethereum.

According to

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are rather provided by market makers. Therefore prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]