- Justin Sun speculates that the price of Ethereum will reach $ 5,000 before July 2025, and the tenth anniversary.
- The target price of Sun reaches about 200 % compared to the current levels. Therefore, Sun also put some plans to reach his specified goal.
Justin SunTron Blockchain, an encrypted billionaire and founder that the price of Ethereum would reach $ 5,000 before the tenth anniversary of July 2025.
After this statement, some discussions in the encryption industry have caught because the ETHEREUM price is currently hovering to less than $ 2000 and $ 1807 at the time of writing this report. However, he re -tweeting a post from the ETHEREUM Foundation mentioned,
“Ethereum shares the same birthday; this date is really meaning. I suggest an increase of 10x, let’s celebrate it together for $ 5,000.”
Sun suggests strategic transformations to increase ETHEREUM prices
The target price of Sun reaches about 200 % compared to the current levels. Sun also shared some plans to reach his specific goal. According to him, ETHEREUM must stop selling ETH for about three years to restrict the offer and encourage detention.
Instead of selling icons, the institution must employ lending and tricks such as AAVE to operate financial affairs. Sun also advised that the institution should only keep the best developers to improve the quality of the output.
He also went on to add that development should aim to improve the basic class network instead of reducing resources in multiple projects.
At the time of writing this report, price ethereum It was 2.03 % in the past 24 hours and was hovering at $ 1807. At the same time, the volume also saw an increase of 10.09 % with 16.66 billion dollars. The market value is currently 217.89 billion dollars.
According to market analysts, if prices rise, the first resistance (time frame for one day) that the distinctive symbol will be tested is $ 2,347, followed by the second resistance at $ 2,535. Now, the market members are excited to see if the goal set by Justin Sun was achieved.
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