Ethereum Flies Its Wings around $2,500 By The End of 2018

Devere group known as independent financial consulting company which provides investment and wealth management services, predicted the rate of Ethereum goes high rate up to $2,500 by the end of the year of 2018.

The second important cryptocurrency might see a notable rise said the consultancy firm. Nigel green founder of Devere group pointed out three criteria of fourfold increasing of the currency. First Ethereum using more and more platforms, secondly the increasing use of smart contracts. Lastly the decentralization of cloud computing. Nigel also added that the regulation of cryptocurrency is a matter of time.

Now Ethereum is trading in market at $653.66 with a market cap $64.7 billion. In last December, the record breaking rally of Bitcoin, Green predicted that they have expected to see bitcoin in upcoming weeks in a high rate.

Beginning of this month, Tom lee the co-founder of Fundstrat who is known as for his optimistic Bitcoin prediction. He again shout out loud for the leading cryptocurrency price, saying CNBC that Ethereum could reach $25,000 by the end of this year.