Ethereum will surge above $1,000: Social Media Survey Reveals
|- 54% of crypto enthusiasts believe Ethereum will rise above $1,000 again.
- Ethereum dives a subtle 0.11% on the day amid rising bear influence.
A recently concluded survey by “An Altcoin Trader’s Handbook” author Nik Patel on one of the leading social media platforms, Twitter revealed that cryptocurrency enthusiasts believe in Ethereum’s ability to surge above $1,000 again. The survey saw 5,400 crypto enthusiasts vote for Ether’s next price action.
According to the results of the survey, 54% of the correspondents supported Ethereum price capacity to rebound above $1,000. 34% of the enthusiasts were outrightly bearish with a strong ‘NO”. At the same time, 12% of the total number were unbothered by the survey and did not participate.
Read also: You will wait longer for a Bitcoin ETF: The US SEC postpones VanEck proposal
Ethereum has a market value of $211 at the time of press. The intraday live rates show Ethereum having dived a subtle 0.11% on the day. CoinMarketCap data shows Ethereum with a $22 billion market cap and a 24-hour trading volume of $5.5 billion. Ethereum continues to hold the third spot on the market head of Ripple’s XRP.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.