Tyr Capital CIO: Reasonable price target for ETH by the end of 2024 or $10,000
2024-06-10 10:03:10
Ed Hindi, chief investment officer at Tyr Capital, said: "In the short to medium term, $50 to $10 billion of new money could flow in through Ethereum products, which in turn could propel ETH and its ecosystem to record highs by the end of 2024. A price of $10,000 in 2024 should be a reasonable target, especially given other supporting factors, such as the deflationary state of ETH right now."
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.