Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000 – Markets and Prices Bitcoin News

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Abra's CEO has predicted that the price of ether could reach $40,000. ethereum $ETH crypto cryptocurrency

Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive.The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than Bitcoin in an interview with CNBC Friday. He also predicts that the price of ether could reach $40,000, a significant increase from the cryptocurrency’s current price.

The CEO expects that “with staking coming,” there will be “a massive influx of people trying to hold ethereum.” Comparing the network effects of Ethereum to Bitcoin, he opined: He continued: “If the gas fees and the transaction fees come down, which is the promise of the proof-of-stake, look out, because now all of the impediments of those network effects are taken out of the way.”

 

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Ew...$40,000. That will make DeFi a total turnoff. Just imagine the gas prices 🙄

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I will certainly invest in ethereum via convenient sevices of famous and acknowledged Bitfinex. I reckon to become reach so.

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are youu readyy

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Great news!

Hopefully this will happen because last year I spent some of my tether on eth and the price started to drop.

A few decades is a long time to wait for us old folks.

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My left ball's value could reach 21mil $. There, I said it.

That's would be a huge step!

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I predict ETH will be worth 12,000,000,000,000,000 next year. Blah blah blah

These types of price predictions are so useful.

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That would be a huge step 😯

Can you suggest where to invest?

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