Next Ethereum (ETH) Bull Run Will Hit $15,000, See How

Next-Ethereum-(ETH)-Bull-Run-Will-Hit-$15,000,-See-How
  • The crypto community discusses the price of ETH in its next bull run.
  • Many expect to see a massive spike in ETH’s all-time high for its next bull run. 
  • While some expect an ATH of $12,500, others are expecting to see $15,000.

In a feisty discussion, a few self-proclaimed analysts and a few well-read analysts take on the debate of the result of ETH’s next bull run. In particular, the discussion wavered between a whole range of new possible all-time highs (ATH). Specifically, the most resounding price settled at $15,000 ETH for Ethereum’s native token’s next bull run. 

In detail, the discussion took place on a Reddit thread called CryptoCurrency. Here, the discussion came to life when one user posted other users to share their opinion on what they think the next ATH for ETH would be. To be exact, the post asked what the next bull run will bring in terms of an ATH. 

More so, the post went on to explain the price of ETH’s history so far. To begin the post states how ETH had peaked just under $5,000 during its last bull run. Therefore, the user shares their opinion by stating their expectation for ETH’s next bull run to hit an ATH of $10,000. 

However, the same post goes on to explain that this was their expectation before the Ethereum merge took place last month. In light of how the merge has changed things, the users say they now expect a completely different ATH to set a mark during ETH’s next bull run. 

The post highlights how there have been many articles speaking of how ETH has become a deflationary asset since the merge. It goes on to say that this change occurred after the last bull run. Thus, the post justifies, assuming the issuance will be less during the next bull run, then the new bull run price should be much higher in comparison to the last. 

To conclude, the post asks the readers where they place their bets and says they place it at $12,500. One resounding response to this post came with the price $15,000. This response goes on to explain the issuance and burning cycles of ETH. It says that with these cycles in place, it is more likely for ETH to hit $15,000 during its next bull run. 

Tags:
disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.