• Latest
  • Trending
Post-Merge Ethereum Valued At Over $9,000: Analysts

Post-Merge Ethereum Valued At Over $9,000: Analysts

April 7, 2022
Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023
FTX creditors list, BlockFi $1.2B exposure and new Celsius token…

FTX creditors list, BlockFi $1.2B exposure and new Celsius token…

January 28, 2023
XRP (XRP), Low Volatility but Falling Saturday: Is it Time to Cash Out? – InvestorsObserver

XRP (XRP), Low Volatility but Falling Saturday: Is it Time to Cash Out? – InvestorsObserver

January 28, 2023
Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others

Cardano hard fork will increase interoperability with Bitcoin, Ethereum and others

January 28, 2023
Whales Are Pouncing on Litecoin, Polygon and Two Ethereum-Based Altcoins, Says Analytics Firm Santiment

Whales Are Pouncing on Litecoin, Polygon and Two Ethereum-Based Altcoins, Says Analytics Firm Santiment

January 28, 2023
JPMorgan CEO Jamie Dimon Says Bitcoin is a “hyped-up fraud”

JPMorgan CEO Jamie Dimon Says Bitcoin is a “hyped-up fraud”

January 28, 2023
TradFi and DeFi come together at Davos 2023: Finance Redefined

TradFi and DeFi come together at Davos 2023: Finance Redefined

January 28, 2023
Esports Driving the Advancement of Cryptocurrency in Sports Gambling

Esports Driving the Advancement of Cryptocurrency in Sports Gambling

January 28, 2023
Dogecoin and Shiba Inu Among the Most Decentralized Crypto Assets, Says Cyber Capital’s Top Strategist

Dogecoin and Shiba Inu Among the Most Decentralized Crypto Assets, Says Cyber Capital’s Top Strategist

January 28, 2023
Ethereum Price Prediction Daily (28-Jan): Urgent! The Most Important Support For Ethereum Right Now!

Ethereum Price Prediction Daily (28-Jan): Urgent! The Most Important Support For Ethereum Right Now!

January 28, 2023
Sunday, January 29, 2023
Retail
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis
No Result
View All Result
The Crypto Days
No Result
View All Result

Post-Merge Ethereum Valued At Over $9,000: Analysts

by marcell.major
April 7, 2022
in Ethereum
0


An “undervalued” Ethereum ETH/USD could close the valuation gap as the Merge approaches, Bloomberg analysts have said.

What Happened: In a recent Crypto Outlook report from Bloomberg Intelligence, analysts applied a discounted cash flow (DCF) model to the world’s second-largest cryptocurrency.

“The upcoming Merge, shifting Ethereum from a proof-of-work model to proof-of-stake, will convert Ether into an equity-like instrument with elegant supply/demand dynamics that could drive significant interest in the asset,” they said, noting that the DCF analysis showed the cryptocurrency to be currently undervalued.

Modeling cash flows after transaction fees, analysts estimate that Ethereum is on track to generate $12.7 billion in 2022.

In the most optimistic scenario, the analysts arrived at a valuation of $9,328 for Ethereum, which represents an approximate 213% upside from current prices.

They applied a price/earnings exit methodology when valuing the digital asset, with the assumption that Proof-of-Stake blockchains only have indirect costs in the form of new issuance, turning cash flows into profits.

They used an exit multiple of 25x –—similar to Apple Inc AAPL – but noted that Ethereum “has a much higher growth profile” than the technology company.

See Also: Coinbase Expects Ethereum Staking Yields To Hit 12% APR After The Merge

Price Action: According to data from Benzinga Pro, Ethereum was trading at $3,191, down 4.31% in the last 24 hours.



Source link

YOU MAY ALSO LIKE

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Ethereum Price Prediction Daily (28-Jan): Urgent! The Most Important Support For Ethereum Right Now!

Tags: AnalystsEthereumPostMergeValued
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023

Recent News

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high

January 29, 2023
LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

LTC/USD slides downward, reaching the $88.02 level – Cryptopolitan

January 28, 2023
What is an ascending triangle pattern and how to trade it?

What is an ascending triangle pattern and how to trade it?

January 28, 2023

Categories

  • ADA
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market And Analysis
  • Regulation
  • XRP

Follow Us

Find Via Tags

Ada Altcoin Altcoins analysis Analyst BIG Binance Bitcoin blockchain BNB BTC Buy Cardano coin Cointelegraph crypto Cryptocurrency DOGE Dogecoin ETH Ethereum eyes FTX Heres Inu Investors Latest Litecoin LTC Market News Price rally Report Ripple SEC Shiba SOL Solana today Token Top trading week XRP

© 2021 The Crypto Days

No Result
View All Result
  • Home
  • Bitcoin
  • Cryptocurrency
  • Ethereum
  • Blockchain
  • Altcoin
  • ADA
  • Dogecoin
  • Litecoin
  • XRP
  • Regulation
  • Market And Analysis

© 2021 The Crypto Days