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Finder’s Specialists Predict Ethereum Will Slip to $963 This Year, but End 2022 at $1,377 per Unit Markets and Prices Bitcoin News

October 12, 2022
in News
Reading Time: 6 mins read

According to a recently published survey by comparison site Finder.com, 46% of about 55 fintech and cryptocurrency experts believe Ethereum is undervalued after The Merge. With less than three months left in 2022, Finder panelists predict that Ethereum will drop to $963 per unit this year, ending the year at $1,377 per unit.

46% of Finder experts believe Ethereum is undervalued, while 31% believe the price is right

On October 11, 2022, Finder.com, a product and price comparison web portal, announced that the second largest cryptocurrency, Ethereum (ethereum). Bitcoin.com News report The Finder’s final Ether Prediction Survey states that Ether’s value could bottom out at $675 per coin by the end of the year.up to date Ethereum finder research leverages 55 fintech and cryptocurrency experts who predict different outcomes regarding the future value of Ether.

For example, 46% of panelists in the most recent survey said: ethereum Undervalued, but will drop to $963 per unit this year. Panelists also believe that after bottoming out at $963, Ether thinks he will end 2022 at $1,377 per unit. Thirty-one percent of surveyed professionals believe Ethereum is currently fairly priced, and 23% of Finder panelists believe: ethereum is overpriced.By 2025, panelists will: ethereum By 2030, reaching $5,154 per Ether, experts believe: ethereum Tap $11,727 per unit.

Thomson Reuters technologist and futurist Joseph Raczynski predicts: ethereum It is expected to reach $1,700 by the end of 2022.

“[Ethereum] Some may argue that it has gone down in value, but Ethereum is actually more valuable and secure. said Raczynski in Finder’s latest Ether prediction study.

Yves Longchamp, Head of Research at SEBA Bank, is one of 31% of panelists who believe that Ethereum is priced right at the moment. The Ethereum ecosystem is undergoing a series of upgrades, Longchamp wrote. Everything is aimed at ushering the Ethereum network to greater scalability, transaction speed and cost efficiency. Upon completion, The Merge will set Ethereum as the global payment layer and a powerful decentralized application. make it suitable for the construction of

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Panelists say Ethereum earned points from bureaucrats and environmentalists, but points were a trade-off to reduce decentralization

Jeremy Britton, CFO of Boston Trading, said in a survey that while Ethereum has gained support from governments and environmentalists, the protocol “lacks the decentralization that cryptocurrencies were intended to have. detailed. Tommy Honan, Head of Strategic Partnerships at Swyftx, has a similar view.Honan said the concentration of validators is ethereum The network is involved and can give bitcoin (Bitcoin) advantage.

The early statistics regarding the concentration of staking validators are very concerning. ethereum Globally,” Honan explained. While we believe this will level off over time, it does mean that The Merge event has further contributed to the centralization of Ethereum, which Bitcoin maximalists hold against their closest rivals. Here’s another card.”

However, 56% of Finder panelists believe the blockchain will not be dominated by one player, and 22% believe it is likely that one player will dominate the blockchain. thinking about. ethereum Communication network. 22% answered Dont know ethereum In the future it will be ruled by a centralized organization.

Tags for this story

Bitcoin (BTC), Boston Trading Company, ys prediction, ethereum, Ethereum long term forecast, ethereum merge, Ethereum prediction, ethereum price, finder, finder ethereum prediction, expert finder panel, Finder.com, ethereum in finder, Jeremy Britton, Joseph Radzinski, merge, Monopolize, Monopolize staking validators, Seba Bank, Staking validator, Swyftx, merge, thomson Reuters, Tommy Honan, Yves Longchamp

What do you think of Finder’s recent prediction study on the second leading cryptocurrency, Ethereum? Let us know what you think about the matter in the comments section below.

Jamie Redman

Jamie Redman is a news lead for Bitcoin.com News and a financial technology journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written over 6,000 articles for Bitcoin.com News about disruptive protocols currently emerging.




image credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com It is not intended to provide investment, tax, legal or accounting advice. NEITHER THE COMPANY NOR THE AUTHOR WILL BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS ARISING OR ALLEGED TO OCCUR ARISING OUT OF OR RELATING TO YOUR USE OF OR RELIANCE ON ANY CONTENT, PRODUCTS, OR SERVICES DESCRIBED IN THIS ARTICLE. We are not responsible.

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