Ethereum (ETH) Worth at $5,000 Predicted by BitMex Founder Arthur Hayes

U.At the moment – In a stunning flip of occasions, BitMex founder took to social media to disclose a daring prediction relating to the longer term worth of (ETH).

Hayes, recognized for his insightful market analyses, confessed to having acquired a divine message throughout meditation, main him to make vital adjustments in his cryptocurrency portfolio.

In a cryptic submit, Hayes humorously claimed to have acquired steerage from a better energy, jokingly attributing it to Satoshi Nakamoto, the mysterious creator of . The message allegedly urged him to divest from and categorical his admiration for Ethereum’s cofounder, Vitalik Buterin.

Taking heed of this celestial recommendation, Hayes reportedly bought his holdings and doubled down on Ethereum, predicting a surge that will propel the cryptocurrency to a powerful $5,000. This announcement follows Hayes’ earlier name predicting Solana’s worth to succeed in $100, a forecast that has confirmed correct, with SOL not too long ago peaking at $99.6.

Rotation

Hayes’ choice to pivot from Solana to Ethereum could also be rooted in his evaluation of the market dynamics. Whereas Solana has outperformed in latest weeks, with a staggering 350% surge since mid-December, Hayes appears to imagine that has extra room for development.

Evaluating the 2 cryptocurrencies, Ethereum’s efficiency seems lackluster within the quick time period, exhibiting almost 10 occasions much less development than Solana throughout the identical interval. Regardless of buying and selling at yearly highs, the proportion improve in ETH’s worth pales compared to the meteoric rise of SOL.

This text was initially revealed on U.At the moment