Weiss: Ether has much more potential compared to bitcoin
The Weiss rating agency believes that Ether (ETH) will perform much better in 2021 compared to Bitcoin.
The team published a study in which they recalled that on an annualized basis since January, the value of altcoin has increased by 469%. Over the past 12 months, the price of bitcoin has increased by 281%. In the near future, ETH may test values above $ 800.
On Saturday, January 2, Ether is trading at $ 740. Altcoin capitalization over the past day increased to $ 83.45 billion.
Weiss analysts even admit such a scenario in which, by the end of the current year, the air can repeat the race three years ago and reach $ 1400. ETH holders have seen better returns this year compared to bitcoin investors.
The researchers stressed:
Ether has actually generated more income for investors this year compared to Bitcoin. This was observed both before and after the pandemic, when the panic began ... In 2020, the Ethereum blockchain recorded a record number of transactions worth more than $ 1 trillion.
The Crypterium team is also optimistic. According to her forecasts, as soon as the ether breaks through the resistance at $ 750, then a direct road will open in front of the altcoin, at least up to $ 800.