Ethereum Future is Bright, New Crypto Investors Want Bitcoin-Like Gains

You’ve probably heard stories about people who bought Bitcoin around $1,000 levels— only to be retired now at 25 (or younger!), traveling the world and practicing philanthropy, advocating for cryptocurrency themselves, and following their dreams because of the belief they had in the technology of the future.

The new technology of the future is here and it is on fire. After breaking the $1,000 resistance level, Ethereum has shot up to above $1,100 levels multiple times in January 2021, as the market is preparing for the second-most popular cryptocurrency to take off in 2021. The last time Ether broke $1,000 in January 2018, the price went on to reach its all-time-high of nearly $1,500. That all-time-high is on the verge of being obliterated, like Bitcoin’s was time after time through the end of 2020 and in January 2021.

This is the year of Ethereum. The time is coming for that all-time-high to be broken, and investors in the market know this.

The price is down over 11% hovering around $1,020 at the time of writing as investors and traders on the first Monday of 2021 bought the cryptocurrency in favor of Bitcoin, which fell from its all-time-high around $34,000 briefly to the $28,000s on January 5th. Buying activity is up as Ethereum has exhibited an incredibly impressive 2020 and the world is eager to see what it will bring in 2021.

Investors want a cryptocurrency that is here to stay, technology that is making upgrades, accessible and enticing to a broad spectrum of people, and something that will take transactions to the future. As stock markets turn downwards, people are looking for long-term investments that pan out. With its superior technology to Bitcoin, Ethereum might see itself reaching $30,000 or beyond by the end of the decade.