Expert Analysis: Buy ETH Now, Achieve 17x Potential in 10 Years?

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Bittime - Ethereum (ETH) has become one of the most popular and promising crypto assets in the blockchain era. As blockchain technology continues to develop and global adoption increases, Ethereum continues to show tremendous growth potential.

Recently, Brian Russ, Managing Director of BMO Financial Group, provided an interesting analysis of Ethereum's future value. Using a quantitative model, Russ estimates that Ethereum is currently undervalued by 15% and has the potential to rise 17x in the next 10 years.

Quantitative Analysis to Buy ETH

Russ's analysis is based on four main models:

1.Discounted Cash Flow (DCF)

This model estimates the value of Ethereum based on the profits it will generate in the future. Russ estimates that Ethereum will generate profits of $1.8 billion in 2023 and $458 billion in 2033.

2. Precedent Transactions

This model compares Ethereum to other early-stage technology companies that achieved dominant market share. The results show that the total value of the Ethereum network is $312 billion.

3. Blockchain Comparison

This model compares Ethereum to other layer-1 blockchain projects . The results show that Ethereum is currently 6% overvalued .

4. Metcalfe's Law

This model estimates the value of the network based on the number of connected users. The results show that Ethereum is currently undervalued by 44%.

Buy ETH/IDR Today on Bittime

Source: Bittime.com

On March 5, 2024, the price of Ethereum (ETH) was at IDR 58,432,786 per coin, up 6.68% in 24 hours, 6.20% in the last week and 15% in the last 30 days.

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Conclusion

Based on his analysis, Russ concluded that Ethereum is currently fairly valued with significant growth potential in the future. Russ predicts that the price of ETH could reach $2,875 in the next 10 years.

Investment Opportunities

Russ's analysis provides an optimistic view of Ethereum's future. For investors looking to invest in the blockchain era, Ethereum can be an attractive option.

However, it is important to remember that investing in crypto assets is always high risk. Investors should do their own research and consider their risk tolerance before deciding to buy ETH.

Also Read How to Buy Crypto:

How to Buy Ethereum (ETH) on Bittime

You can buy and sell  Ethereum (ETH)  in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

Ethereum (ETH)  is available on Bittime with  the market pair ETH/IDR .  To be able to buy  ETH/IDR  at  Bittime,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn the complete guide on how to buy Ethereum (ETH) on Bittime. 

Monitor price chart movements   for Ethereum (ETH) , Bitcoin (BTC) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

Ethereum Price Skyrockets After US Purchase on Coinbase, Buy ETH Now?

Crypto Market Upheaval: Impact of Ethereum Foundation's $13 Million Sale, Watch Out for a Sharp Correction?

Ethereum Price Moves Towards $4,000: Will ETH/IDR Set a New Record?

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.