Ethereum is Undervalued in 2019- Time to Buy

in #engrave5 years ago (edited)

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Ethereum is Undervalued in 2019- Time to Buy

Ethereum current stands at $136/coin and has a marketcap of $14 billion. The rivalry between Ripple's XRP and Ethereum for the second place by marketcap in the Cryptocurrency Market has been solidly captured by Ethereum after a runup of more than 25% last month. Ripple's XRP currently stands with a marketcap of $13 billion.

Ethereum will implement the Constantinople protocol soon, which is said to have a bearish impact on Etheteum, which produced a swing from $170 to $136. This bearish overreaction is a great buying opportunity. Ethereum has a dynamic and outspoken CEO in Vitalik Buterin who adds value to the continued development of this amazing cryptocurrency.

Ethereum's ERC20 tokens will likely be fully supported by the new Samsung S10 and the Coinbase Wallet. Ethereum is easy to code and can be used to make tokens with a vast variety of dynamics. Omisego, the ZRX exchange and BAT are hugely promising examples of Etheteum projects with big futures.

Ethereum will be used to tokenize assets. A $66 million building in Miami is being tokenized in the Ethereum blockchain currently. The $60 billion video game industry worldwide is turning to tokenization. Games like Hyper Dragons and Crypto Kitties are examples of mass adopted tokenized games.

Buy Ethereum now below $200. It is a bright token with a huge future.

Sources:

https://bitcoinist.com/ethereum-price-eth-constantinople/

https://coinmarketcap.com/currencies/ethereum/

https://www-coindesk-com.cdn.ampproject.org/v/s/www.coindesk.com/66-million-building-to-be-tokenized-on-ethereum-blockchain-in-record-deal?amp_js_v=a2&_gsa=1&&usqp=mq331AQCCAE%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.coindesk.com%2F66-million-building-to-be-tokenized-on-ethereum-blockchain-in-record-deal


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32 ETH is supposed to be the magic number for staking once ETH goes PoS. If you are trying to decide how many to buy and hold, that might be a good start.

Thanks for the advice.

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Besides BTC, LTC, XRP and a few other privacy coins (i.e . Monero, Zcash), ETH will be another good digital asset to accumulate and hodl.

I agree!

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