In the rapidly challenging and dynamic world of cryptocurrencies, Ethereum (ETH) the second crypto leader after Bitcoin (BTC) has the potential to rise beyond its previous all-time high in 2024, according to an analyst.
Ethereum To Produce Millionaires In 2024?
Lark Davis, a crypto analyst has recently shared his optimism about the future of Ethereum while disclosing his price prediction for the asset.
According to Davis, the price of Ethereum will experience a significant uptick leading its price to $10,000 or $15,000. Although Davis notes that ETH may rise to these levels, representing significant returns, he emphasizes that holding ETH alone isn’t the secret to “financial success.”
The crypto analyst revealed his predictions for the crypto asset during one of his latest YouTube videos. In the video, Davis delves deeply into Ethereum’s unrealized potential, highlighting that the asset will make “many millionaires but not how we think.”
With Ethereum’s price at $2,295 right now, investors might enjoy a 600% return if Davis’ projections come to pass. However, he asserted that there are even more profitable options to pay attention to.
Davies further highlighted that the “true financial game-changers” on Ethereum rest on its Layer 2 solutions. These include layer 2 platforms like ZKSync, StarkNet, among…
