The second largest cryptocurrency, ETH, was recently able to rise above the $200 mark and reach the $280 level.Economist TraderAlex KruegerI am confident that the price of the asset and the popularity of the platform willonly grow.
On his twitter, the trader wrote:
The average ETH trading volume this week is 4 times the trading volume in the second half of 2019. Someone is buying a lot of ETH.
Some commentators have suggested that traders, having noticed a sharp jump in prices, are starting to invest on the air right now.
Cointelegraph analyst Mike van de Popp noted that during the bear market period, many experts denied the potential of altcoins, including Ethereum. He wrote:
I remember the period when et and mostaltcoins were declared “dead”, and everyone around turned into bitcoin maximalists. This happened mainly due to falling prices. Now the price is rising and the love of altcoins is returning.
Recall that at the end of last year, well-known analyst Tony Vays said that bitcoin will takedominant position in the market and will eventually completely destroy thealtcoins.
Based on materialsu.today
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