The future evolution of Ethereum, according to Vitalik Buterin, co-founder and public avatar of Ethereum, The network merger, which is expected to take place in the next few months, has not yet been “priced” by the crypto market.
Is it a self-fulfilling prophecy, blind faith, or calm conviction? If you must be skeptical of crypto price estimates (particularly when they are rising), you will notice that some tenors in the business have a voice that tends to be authoritative. Even when it comes to their own inventions.
This is the situation today with Ethereum founder Vitalik Buterin, who feels that his baby’s next mutation will have a substantial influence on its value. An influence that is still being felt today.
Vitalik tells Bankless, “I basically anticipate The Merge to be kind of priceless, and by that I mean not only in market terms, but also in psychological and narrative aspects.”
When pressed to further, the young amateur designer of multicolored t-shirts in front of the Eternal goes on to say, “In terms of the market, individuals who anticipate a price hike following The Merge in mid-September will have to wait 6 to 8 months for the price increase to happen.”
The exercise is risky, and we will acknowledge Vitalik Buterin’s willingness to take a genuine risk, even while the cryptocurrency market is swaying on both sides.