New Zealand phenomenon analyst Lark Davis made important shares about Ethereum.
Hopeful Ethereum comment from the famous analyst
Lark Davis especially on YouTube and Twitter an analyst who became a phenomenon with his publications and shares. Davis has 380 thousand followers on YouTube and 355 thousand on Twitter under the name @TheCryptoLark.. The famous analyst says in his latest youtube video that Ethereum can reach a market cap of $ 2 trillion and explains the reasons. while stating that it is not; in particular, he draws attention to DeFi (decentralized finance) and NFT (non-fugible token) relationships.
2 trillion for Ethereum in the future A dollar market value is actually not that crazy, I’d say.. I mean, it’s Apple right now… Apple’s market cap right now is just over $2 trillion, almost $2.1 trillion. So, we can predict this [for an asset] as a foundation for payments with NFTs and DeFi like Ethereum. Call me crazy, but I think this naughty boy [Ethereum] has more places to go.
DEX highlight for Ethereum by Davis
Davis noted that decentralized exchanges are increasing in volume, giving bullish signals for Ethereum:
User count still has enormous growth potential. This is something to keep in mind. Also, we’ve definitely seen decentralized exchange volume explode 8,500% in the last 12 months so we can see the user base, the real economy of Ethereum is growing like crazy because there is so much you can do on Ethereum.
ark Invest impact on Ethereum
Davis recently highlights the support given to Ethereum by Ark Invest and Catht Wood.
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Cathy Wood’s Ark Invest buys Ethereum for the first time. Acquired 639,000 shares of Grayscale Ethereum Trust. this is really amazing. This means that Ark Invest is increasingly exploring Ethereum. They understand what Ethereum’s value propositions are. This is very important because a lot of people are paying attention to what Cathy Wood and Ark Invest are buying, what their company is investing, so they’re getting into Ethereum, which is very important now.”
Live ETH price: $ 1,019.26
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