ETH Forecast: What to Expect in 2024?
Ethereum, the second-largest cryptocurrency by market cap, remains a key asset for investors. There are several factors that could impact its price in 2024:
1. Staking Proliferation
The move to Ethereum 2.0 has significantly increased the popularity of ETH staking. This limits the circulation of coins and could push the price up due to scarcity.
2. DeFi and NFT Development
Demand for DeFi and NFT projects based on Ethereum remains stable. If new popular applications appear, this could attract more users.
Price Forecast:
In the first half of the year, analysts predict that the price of ETH may fluctuate in the range of $1,600–$2,000 due to the mixed macroeconomic situation.
In the second half of 2024, given the potential growth of the crypto market, it is expected to reach the level of $2,500–$3,000.
💡 Reminder: Investing in cryptocurrency involves risks. Always conduct your own analysis.
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