#Ethereum Price Predictions: Experts Share Their Predictions On How High Ethereum Can Go
Ethereum is the second most popular cryptocurrency in the world. Nearly 2,000 projects have been built on their blockchain at the time of writing, with more popping up seemingly every day. Their global community is massive and wildly enthusiastic. Yet, the price of ETH has taken a huge hit this year. It has plummeted nearly 90% from its all-time high of more than US$1,400 in January, hitting as low as $170 in September. This has caused a lot of alarm and panic among the Ethereum community. However, even though we’ve suffered through a serious bear market this year, there are still many crypto experts and enthusiasts that are confident that the price of ETH will recover and rise in the medium to long term. We have consolidated a wide range of ETH price predictions made by leading cryptocurrency authorities in one article to provide a better picture on what the future may hold for Ethereum.
About Ethereum (ETH): Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
Ethereum (ETH) is the 2nd largest cryptocurrency by market cap size. It is up 0.40% over the past 24 hours and is currently trading at $205.02. It can be bought with fiat dollars, credit cards, or debit cards on cryptocurrency exchanges such as Coinbase, CEX.io, and Changelly.