In a recent survey conducted by CoinGecko on the X platform, participants expressed varied expectations for the price of Ethereum (ETH) in the current cycle. The survey, titled “How high will ETH rise in this cycle,” revealed a wide range of predictions, reflecting the diverse opinions within the crypto community.
The survey results, which are for reference only, showed that:
- 20.6% of participants predict that ETH will reach more than $10,000.
- 19.2% believe that ETH will peak at $5,000.
- 10.6% anticipate that ETH will peak between $8,000 and $9,000.
- 11.4% expect that ETH will peak between $6,000 and $7,000.
- 11.7% forecast that ETH will peak between $9,000 and $10,000.
The lack of consensus among participants might stem from the evolving narrative of Ethereum’s layer 1 into its broader ecosystem. As Ethereum continues to develop and expand, so too do the opinions and expectations of its potential value.
The CoinGecko Post-Halving Sentiment Survey, conducted anonymously from June 25 to July 8, 2024, examined the responses of 2,558 crypto participants. While the survey provides a snapshot of current sentiment within the crypto community, the results should be taken as indicative only.
This is not intended as an investment advice.
