Is ETH overpriced?

[Argoo]

ETH is back at over $1,000 and this price probably doesn't stop there.because ETH can go even further, it's so popular, the foundation is so fast that's why the projects are Use it to attract money input via ETH. Most investors tend to choose ETH for the long and short-term.

On the contrary, I think even now the ethereum price is still too underestimated. It should be borne in mind that the high transaction fees in the ethereum network arose precisely because of the high demand for this coin and the popularity of its platform, while its scalability is still low. This issue should go away soon as it gets updated as part of the Ethereum 2.0 improvements. Taking into account the role that ethereum plays today in cryptocurrency, compared to Bitcoin, it should have a price of at least 3-5 thousand dollars.
This coin is increasing in value and with its expected renewal.

[Roidz]

Compared to last year, ethereum's price is now a bit expensive but it's not too late for everyone who still wants to invest their money in Ethereum because when the bullrun comes maybe we will never see the current price, of course it will be much more.I'm talking long term

currently eth price movements are quite active in the market but it looks like eth is still having trouble breaking the $1,300.93 price barrier and of course the current eth price is not the highest price ever because as far as I remember in 2018 eth actually reached that price of $1,423.20 and of course of course if eth is able to break the $1.3k price barrier it is unlikely that in the near future eth will be able to pass the all-time high price record, with eth price movements currently active it is of course still a good opportunity to buy and invest in short term systems.

[JooBra]

Compared to last year, ethereum's price is now a bit expensive but it's not too late for everyone who still wants to invest their money in Ethereum because when the bullrun comes maybe we will never see the current price, of course it will be much more.I'm talking long term

currently eth price movements are quite active in the market but it looks like eth is still having trouble breaking the $1,300.93 price barrier and of course the current eth price is not the highest price ever because as far as I remember in 2018 eth actually reached that price of $1,423.20 and of course of course if eth is able to break the $1.3k price barrier it is unlikely that in the near future eth will be able to pass the all-time high price record, with eth price movements currently active it is of course still a good opportunity to buy and invest in short term systems.

I agree with you but my prediction is even more bullish. I think Eth will even reach 2k pretty soon. If you pay close attention to economy you will see a lot of people invest in crypto cause of the current situation. Money is being printed more and more and that will bring the price of dollar and other fiats lower and lower so safe place to save investment is crypto. Expecially btc eth and othee top 10 cryptos.

[devollito]

In my opinion ethereum is over price now, it should be below $1000 as long as they can not fix transactions fees, with these madness transaction fees no retail investor will come to project which use ethereum.imagine if ethereum price reach $5k. How much we pay the fee for trading transaction on uniswap.

[Eddyc]

No and I believe that the value is below what it should be and we can analyze the trajectory of Ethereum and its true value for society. With a deep analysis has streamlined and improved the project creation system by shortening the time to create a Blockchain and this process has positive and negative points.

Positive: Accelerated the market and the creation of projects.

Negative: Saturated the market and created laziness among developers.

Overall Ethereum revolutionized the world of Tokens.

[ARNishad_45]

I think that it is not overpriced yet, there are few important points that eveyone should know:-

1) There is a heavy usage of ethereum as most of the De-fi projects build their smart contracts on ethereum blockchain.
2) A large amount of ethereum coins are staked in ethereum 2.0,so there is less supply of ethereum in market.
3) As the institutions are taking interest in cryptocurrency, at present ,after the bitcoin only ethereum coins have potential to be adopted worldwide as bitcoin.
4) So keeping these points in my mind, i think we can see ethereum crossing $2000 within few months..

[Abiky]

No and I believe that the value is below what it should be and we can analyze the trajectory of Ethereum and its true value for society. With a deep analysis has streamlined and improved the project creation system by shortening the time to create a Blockchain and this process has positive and negative points.

Positive: Accelerated the market and the creation of projects.

Negative: Saturated the market and created laziness among developers.

Overall Ethereum revolutionized the world of Tokens.

I guess you're right. Ethereum's current prices reflect its level of demand on the market. The higher the demand, the higher the price will be. I think that current prices are fair, considering that most tokens and dApps are developed on the ETH blockchain. In this regard, the world's second-largest cryptocurrency by market cap has a huge advantage over its competitors. Chains like TRON, EOS, and ADA are better technically-speaking, but they lack mainstream adoption. It explains why they're much cheaper than ETH in terms of Fiat. Ethereum's level of development, innovation, and mainstream adoption, makes the project as good as Bitcoin. I wouldn't say that ETH is overpriced since demand is soaring towards new highs.

Nonetheless, people have different perceptions when it comes to ETH's price. What ultimately matters is utility above all else. ETH lives up to its name by being the decentralized "World Computer" backed by many people worldwide. The ever-growing number of dApps and tokens shows us that it's extremely popular in the mainstream world. As long as it stays that way, it won't be going anywhere. ETH may outlast its rivals in the future, as they're unable to compete with it. Who knows what the future will bring in this wild and crazy world of crypto? Just my thoughts

[Tash]

[kindbtc]

Ethereum's native token (ETH) is on a constant uptrend in price as Bitcoin soars towards new ATHs. The "De-Fi" hype has been the major driving factor for ETH's recent price boost. High network load and high market prices, translates in ridiculously high fees to the end user making "De-Fi" impractical on the Ethereum blockchain. Yet, people continue to buy and "hodl" ETH like there's no tomorrow.

What I can't understand is how ETH has a high price when there's no hard cap established by the developers yet. ETH has an inflationary model where new coins are generated over time. It never hits the ceiling in terms of max supply. This should make ETH less valuable over time. But that's not the case, as ETH sits well above $600 per coin. Am I missing something here? Why is ETH much more expensive than Litecoin? I mean, Litecoin has a deflationary model (unlike Ethereum) with a hard cap of 84 million coins. If we base ourselves on this, Litecoin should've been worth a lot more than Ethereum today.

Thoughts?

To be honest Ethereum has just broken out of its long perhaps over 3 year of downtrend and accumulation phase so now it seems like a complete trend reversal and i do not think it will end soon or for cheap and the new all time high peak price for ETH will be insanely huge this time around.

[Roidz]

Compared to last year, ethereum's price is now a bit expensive but it's not too late for everyone who still wants to invest their money in Ethereum because when the bullrun comes maybe we will never see the current price, of course it will be much more.I'm talking long term

in the last few days eth has continued to experience price correction from before which had experienced a decline but within hours the price of eth returned to rise and of course this is a good opportunity for us to get profit, as traders of course doing short-term trading in conditions like now is a matter which is quite good, now the price of eth has reached $ 1,399.87 and it does not seem to be ruled out if eth will be able to and can even exceed the all-time high of eth price in 2018.

[BitindaHouse]

The high price is due to the fact that there is a lot of demand. And as we know from the lesson in economics, the higher the demand, the more supply. And of course the price will be high. Everyone uses it and wants to use it because of its simplicity.

[cryptofirm]

The high price is due to the fact that there is a lot of demand. And as we know from the lesson in economics, the higher the demand, the more supply. And of course the price will be high. Everyone uses it and wants to use it because of its simplicity.

if the demands high, for sure the price will growing because of that,
and i think this is only the beginning from ethereum price to hit the first target, wich mean the past ATH and the next target could be create new ATH
i believe everyone will see ethereum run above $2000 in this year after the price break its ATH

[X-ray]

The high price is due to the fact that there is a lot of demand. And as we know from the lesson in economics, the higher the demand, the more supply. And of course the price will be high. Everyone uses it and wants to use it because of its simplicity.

that's why ethereum is not over priced. I have been thinking about that too and this time ethereum grows steadily. People should aware about that dude.
People are using it caused by they can get a lot of advantage from it and the majority of defi projects were also using ethereum. It's not only the ethereum community but so many icos and ieos that used ERC20 were getting a lot of usefulness from the ethereum EVM.

[BayAngelo]

In my opinion, ethereum remains the only altcoin that is under performing. three times have it tried to move pass it ATH but goes below. other altcoins has move about their ATH and almost double or tripple it. Ethereum is not over priced but has more use case than all the cryptocurrency including bitcoin. i persoanlly perfer ethereum than bitcoin. the problem is the current fees.

[kram31]

The price value of Ethereum at the moment according to the coinmarketcap was over 1250$ plus.
It increased due to that there is a high demand, the more it gets higher is more chances for ETH to increase a lot in the
market. Perhaps, they're are also a lot of ETH buyers who had plan to hold it in the long term I guess.

[residivis]

etherium is an altcoin that already has a large community in the crypto world so it's no wonder that etherium itself is getting more expensive in the future, besides that there are a lot of investors who believe in etherium and keep their money in the form of eth for both short-term and long-term investments. that's the reason why etherium has always been stable in price and on the rise.

[LogitechMouse]

With the current state of Ethereum right now, I don't see that it is overpriced at all.

It maybe near at its previous ATH last time but many believe that it will surpass that price anytime soon. We already know that Ethereum is the most used blockchain by these new projects and those new DeFi projects and possible that more and more projects will be created under the Ethereum network. Yes it has competitors like Polkadot, Tron, Cardano etc. but they are still using ETH for some reasons. Add the fact that it is the top 2 coin right now in terms of market cap, many investors will pick Ethereum as their main altcoin to invest their  money with aside from Bitcoin.

[buriks]

of course, because etherium does have a lot of primaries from investors and the community that does hold etherium in large quantities and for quite a long time. So it is not surprising that the price of etherium is very high and the movement on the exchange can be said to be quite fast. and I think etherium will be a favorite of many cryptocurrency users that's why etherium is strong in holding prices steady in the sense that it doesn't fall easily in large numbers.

[Shasha80]

The increase in Ethereum price started when upgrading to Ethereum 2.0. This upgrade process is carried out in stages and starts at the end of
December 2020. Indeed, from the beginning Ethereum was created to complement the weaknesses of the Bitcoin blockchain network, which do
not have smart contract features. Therefore, it's no wonder that many predict Ethereum to be a replacement for Bitcoin, because now Ethereum is
a crypto asset with the second largest market cap after Bitcoin. Although I myself do not agree with this prediction.

Another factor that made the price of Ethereum soar was the hype that DeFi projects were using the Ethereum platform a lot. So with all the factors
I have already mentioned it is very reasonable that Ethereum's price is getting expensive, and I don't agree that Ethereum is being said to be
overpriced.

[Kitaiev]

I think this is the normal price for the time being. Ethereum is now in great demand in the market and there is fundamentally no reason to believe that this will change.