Chris Burniske, a crypto analyst, offered his bullish forecast for ETH. Several crypto community members believe that ETH will eventually face a risk of $10k. ETH is trading hands at $1,858.53 following a 1.11% price increase.
Chris Burniske, a journalist and cryptocurrency expert, posted on Twitter this morning to discuss his thoughts on Ethereum, the largest altcoin by market cap (ETH). Burniske expressed his surprise in the post that, even though the value of the virtual currency has been gradually rising since its establishment, some people within the cryptocurrency community are skeptical about ETH’s potential.
“For the naysayers who have been unfavorable on ETH at $1, $10, $100, and $1,000, but refuse to let knowledge change their position, see ya at ETH $10,000,” Burniske said in his submission. However, the expert added that he doesn’t think cryptocurrency will reach this $10,000 goal within the next few months but is confident that ETH will achieve it by 2025.
According to the comments left on this post, a sizable portion of the crypto community leans in Burniske’s direction. Some ETH supporters even go so far as to predict that the altcoin might hit $10.00 by 2023.