Ethereum is nearing its former all-time high of $1,440 set back in 2018 at the peak of the crypto bubble. Those who hed the altcoin throughout the bear market are finally getting the comeback they have been waiting for.
But according to the strike price of a December ETH options contract that just debuted, the cryptocurrency could reach as high as $10,000 per token before the year’s end.
Ethereum Approaches Former All-Time High, Even As Bitcoin Maximalism Reigns
Ethereum is a polarizing cryptocurrency despite earning its place right behind Bitcoin. As much the crypto community relies on the smart contract-centric platform as a foundation for DeFi and thousands of other tokens, it also is regularly trashed by Bitcoin maximalists.
Dozens of “Ethereum killers” exist, proving that the rest of the industry is all gunning for the altcoin’s throne. It is one of the altcoins that was dubbed a “double-digit shitcoin” by a top crypto executive. That executive’s opinions might