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Coin Edition 2023-06-05 11:48:00

VanEck Projects ETH Reaching $11,800 by 2030 in New Valuation Model

A recent document released by VanEck, a prominent exchange-traded fund (ETF) manager, stressed Ethereum (ETH)’s potential as a significant competitor to the U.S. Treasury bills, with ETH’s price potentially exceeding $10k in coming years. Following the recent successful hard fork on the Ethereum blockchain, the firm updated its valuation model for Ethereum, projecting substantial growth The post VanEck Projects ETH Reaching $11,800 by 2030 in New Valuation Model appeared first on Coin Edition .

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