#ETH 1 Top Cryptocurrency Will Soar 116%, According to Standard Chartered. Is It a Buy?

Analysts from a major British bank say that Ethereum (CRYPTO: #etherreum ) should more than double from here to the end of 2024. Does this projection make sense?

Standard Chartered's bullish Ethereum analysis

Geoff Kendrick, head of crypto research and emerging markets foreign exchange at Standard Chartered (OTC: SCBF.F), hung an $8,000 year-end price target on Ethereum (CRYPTO: $ETH ) earlier this week.