Dogecoin Co-founder Predicts Ethereum to Rise to $100,000

Dogecoin co-founder Billy Markus, also known as Shibetoshi Nakamoto, has made a bold prediction about the future of Ethereum (ETH). In a recent post on X (formerly Twitter), Markus suggested that Ethereum could rise to an astonishing $100,000, a price point that would have significant implications for the crypto market as a whole.

Markus’s prediction for ETH is one of the most bullish forecasts to date, and if Ethereum were to reach $100,000, it would give the crypto token a market cap of $12 trillion based on its current circulating supply. This would position Ethereum well above some of the most valuable companies in the world by market cap, signaling a major shift in the crypto landscape.

However, for Ethereum to reach such heights, several factors must come into play. Mainstream adoption of the crypto token on a global scale would be crucial, as well as addressing scalability issues within the Ethereum network. While progress has been made, there is still room for improvement to ensure widespread adoption.

In the meantime, Ethereum is still expected to experience significant growth, with analysts like Altcoin Daily and CrediBULL Crypto offering insights into how high ETH could rise in the current bull run. Altcoin Daily believes Ethereum’s rise to $10,000 is inevitable, while CrediBULL Crypto predicts a market peak of nearly $20,000 for Ethereum.

At the time of writing, Ethereum is trading at around $3,790, showing positive momentum in the last 24 hours. With the crypto market continuing to evolve and new developments on the horizon, the future of Ethereum remains uncertain but full of potential.