{"id":40537,"date":"2021-04-11T15:13:28","date_gmt":"2021-04-11T12:13:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40537"},"modified":"2025-08-30T14:34:11","modified_gmt":"2025-08-30T11:34:11","slug":"opinion-ethereum-could-reach-10000-by-year-end","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/opinion-ethereum-could-reach-10000-by-year-end\/","title":{"rendered":"Opinion: Ethereum could reach $10,000 by year-end"},"content":{"rendered":"<p>In 2021, Ethereum could outperform Bitcoin in returns, and the coin&#8217;s price could rise to $10,000. This forecast came from the well-known crypto trader and host of The Wolf Of All Streets podcast, Scott Melker, in an interview with <a href=\"https:\/\/cointelegraph.com\/news\/ethereum-could-go-to-10k-in-2021-and-outperform-bitcoin-says-veteran-trader\" target=\"_blank\" rel=\"noreferrer noopener\">Cointelegraph<\/a>.<\/p>\n<p>In his view, the current period of Bitcoin price consolidation has been very <em>favourable<\/em> for the second-largest cryptocurrency, whose price recently <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-price-hits-a-new-high-of-2146\">reached new highs<\/a>. It is Ethereum&#8217;s performance that the trader named the main catalyst for the rally in the altcoin market.<\/p>\n<p>He said that in recent months he has largely shifted his strategy from the first cryptocurrency to Ether.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It reminds me of investing in the Internet in the early 1990s,&#8221; Melker said.<\/p>\n<\/blockquote>\n<p>He does not consider his short-term forecast for Ethereum&#8217;s price overly bold:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I don&#8217;t understand why this is crazy. Essentially, it&#8217;s only an increase of less than five times from the current price. Bitcoin rose nearly threefold last year.&#8221;<\/p>\n<\/blockquote>\n<p>Earlier, Kraken analysts also <a href=\"https:\/\/u1f987.com\/en\/news\/kraken-report-bitcoin-could-reach-90000-and-ethereum-15000\">have suggested that Ethereum&#8217;s returns could surpass Bitcoin&#8217;s performance<\/a>, with the coin&#8217;s price exceeding $15,000.<\/p>\n<p>In <a href=\"https:\/\/u1f987.com\/en\/news\/anthony-scaramucci-ethereum-has-a-solid-base-and-the-price-is-set-to-rise\">the rise of the second-largest cryptocurrency<\/a>, Anthony Scaramucci, founder and managing partner of SkyBridge Capital, is confident.<\/p>\n<p>In the first three months of 2021, Bitcoin rose by almost 103%, marking <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-posts-its-best-q1-since-2013\">the best first-quarter performance<\/a> for the flagship since 2013. Ethereum prices over the period gained more than 250%.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2021, Ethereum could outperform Bitcoin in returns, and its price could rise to $10,000. This forecast came from the well-known crypto trader and host of The Wolf Of All Streets podcast, Scott Melker.<\/p>\n","protected":false},"author":1,"featured_media":40538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,46,1138],"class_list":["post-40537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-ethereum","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40537"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40537\/revisions"}],"predecessor-version":[{"id":40539,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40537\/revisions\/40539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40538"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}