Ethereum experts claim ETH prices are “significantly underestimated” and long-term target of $80,000

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Ethereum experts claim ETH prices are "significantly underestimated" and long-term target of $80,000 Ethereum experts claim ETH prices are "significantly underestimated" and long-term target of $80,000




“Substantially undervalued” Ethereum technical experts claimed in an institutional report released this week that ETH is “substantially undervalued.” 21 co-authors including Vivek Raman, co-founder of the new think tank Etherealize, have analyzed that the long-term price of ETH could reach $80,000 (and also view it as a USD 700,000) when compared to products such as oil. (The following is an excerpt from the report) The report positioned ETH as “digital oil” and pointed out that conventional technology stock valuation models cannot provide appropriate valuation. Oil and bond markets,…



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