Nigel Green, CEO of DeVere, states that as the popular cryptocurrency reaches all-time highs, the Ethereum price will reach $ 5,000 in the next seven days.
DeVere Group CEO: Ethereum can reach $ 5,000 in seven days!
DeVere Group CEO and founder Nigel Green has an optimistic vision. Nigel Green states that new highs will come after Ether, a token traded on the Ethereum Blockchain, surpasses $ 3,000 for the first time in history on Monday. According to the CEO of DeVere Group, Ether has grown by over 300% in a year, much more than the 95% jump in Bitcoin. Nigel Green adds the following to his comments on the subject:
Ether is one of the main beneficiaries of the wider growth of the cryptocurrency market. The padollarama in recent months has been fueled by the growing interest of large institutional investors and the growing acceptance that unlimited digital currencies are the future of money. This momentum is likely to develop further in the near future, and I believe Ether will reach $ 5,000 within seven days.
Nigel Green: It’s time for Ethereum! Bitcoin can have a significant impact on market dominance
DeVere CEO says that, in addition to benefiting from the increased adoption of cryptocurrencies, Ether is currently in “excellent positions” to significantly increase its market share. Nigel Green adds the following to his comments on the subject:
We are about to see that the global transition to DeFi or decentralized finance will go up several notches. DeFi refers to transactions outside of traditional systems of which the Ethereum Blockchain is an integral part. There is also a growing trend towards NFTs (non-exchangeable tokens), mostly digital art bought and sold over the air. Ether can be expected to have a significant impact on Bitcoin’s market dominance in the next year and beyond. Compared to its major competitor, Ethereum is more scalable, offers more applications and solutions such as smart contracts already in use in many industries, and is backed by superior Blockchain technology. Ethereum has been ahead of Bitcoin for a few years, apart from its price and reputation. There is a real feeling that 2021 will be the year of peace. Its time has come…