Gate Square โCreator Certification Incentive Programโ โ Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1๏ธโฃ Open the App โ Tap [Square] at the bottom โ Click your [avatar] in the top right.
2๏ธโฃ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
1. Can ETH break $4800?
There is a possibility, but it depends on macroeconomic conditions and the development of the Ethereum ecosystem.
Growth factors:
Implementation of EIP-1559 (commission burning) reduces ETH inflation.
Growth of DeFi, NFTs and institutional interest (e.g. ETH ETF).
Risks:
Macroeconomic instability (inflation, Fed rates).
Forecast: If Bitcoin updates ATH, ETH can reach $4800-$5k in 2024-2025.
2. Why are you bullish on ETH?
Technological leadership: Ethereum remains the #1 platform for smart contracts and dApps (80% TVL in DeFi).
Updates: Sharding (2024โ2025) will increase throughput to 100k TPS.
ETH Burn: Over 4 million ETH burned since August 2021
Institutional Demand: BlackRock, Fidelity ETH-ETF.
3. What is your ETH storage strategy?
Cold Wallet: Ledger or Trezor for long-term storage.
Staking: Via Lido or Rocket Pool (4โ6% annual yield).
Derivatives: Hedging via CME futures or options.
4. Will ETH lead the next bull run?
Yes, but with caveats:
Pros:
ETH/BTC has been strengthening since 2023.
ETH's higher volatility attracts speculators.
Cons:
Bitcoin remains โdigital goldโ for hedge funds.
Regulatory risks (SEC may recognize ETH as a security).
Bottom line: ETH may overtake BTC in terms of profitability in 2024โ2025, but Bitcoin will remain the global marker.
Summary
ETH retains growth potential to $5k, but risks (regulation, competition) require caution. Strategy: long-term hold in a cold wallet + staking.
โ #ETH Hits 4800 ย
#ETH ย