On January 22, Sun Yuchen said on X that if the Ethereum Foundation and Ethereum are under its leadership, ETH will rise to $10,000.
The plan for the first week is to: 1) immediately stop selling ETH for at least three years, and cover operating costs through AAVE lending, pledged earnings, and stablecoin lending.
2) Impose a heavy tax on all Layer2 projects, ensuring that at least $5 billion of tax is generated annually for the repurchase and destruction of ETH;
3) Streamline the personnel structure of the Ethereum Foundation and increase the salaries of retained employees.
4) Reduce node rewards and strengthen the cost-burning mechanism.
Sun Yuchen said that with these measures, ETH is expected to break through $4,500 in the first week.
Justin Sun: If I led the Ethereum Foundation, ETH would reach $10,000
2025-01-22 10:04:39
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