ETH’s $10,000 Price Target Is Set, But This Altcoin Could Surge 1,000x Before ETH Even Moves
Given the current market conditions and the scalability issues that Ethereum is facing, it will take years for the to reach $10,000. Despite its stronghold as the second-largest cryptocurrency, several key factors have slowed down the growth of the Ethereum price, including a 28.04% decrease in the past month.
A major issue here is Ethereum’s (ETH) transition from Proof-of-Work to Proof-of-Stake, which, despite improving network efficiency, has not yet brought forth the kind of Ethereum price explosion some investors hoped for.
Another reason Ethereum (ETH) is struggling to compete with the other layer-1 networks is that the latter, like Solana (SOL) and Cardano (ADA), have lower fees and faster transactions. This means the growth of the Ethereum price remains slow, making its journey to $10,000 a long-term process.
Meanwhile, top analysts and investors have predicted that this new altcoin will rally by 55,000% before the Ethereum price even reaches $5,000. Still available on presale for just $0.0420, this is an early-stage access for investors who want to get into at a fraction of its future value.
Since the Ethereum price has already used up most of its bullish momentum, investing in Ethereum (ETH) requires significant capital, which is less appealing to investors who seek exponential gains. However, with its low price, this altcoin offers a cheaper entry point with a massive growth advantage.
In comparison, WallitIQ (WLTQ) has the benefit of being fresh in the market, and due to this fact, early investors can accumulate high holdings before it skyrockets.
