ETH is Digital Oil, it Will Reach $10K says Gemini Founders

The Winklevoss twins who are also the founders of the Gemini crypto exchange have proclaimed Ethereum as ‘Digital Gold’. More so, Cameron and Tyler Winklevoss project that Ethereum price is surging to $10K.

Interestingly, Ethereum has garnered positive sentiments from the twin brothers. Since the beginning of the year, Ethereum, the second-largest cryptocurrency has been implementing diverse developments on its platform. In a podcast and exclusive conversation with SUMZERO CEO Divya Narendra, the twin brothers expressed that ETH is the digital gold.

Ethereum is currently trading at $2, 052 with and market capitalization of $239,230,407,612 at the time of writing. The ETH price started at $1.30 in 2015 and rose significantly to above $1,000 in 2017. The cryptocurrency hit an all-time high of  $4,356.99 on May 12, 2021.

Divya Nehandra also predicts that ETH will surge between the range target of  $5K and $10K this month. Accordingly, the Winklevoss twins agree with this prediction. They state that the price target of $5k to $10k appears nice and realistic for Ethereum towards the end of the year.

Cameron and Tyler believe that tough ETH is undervalued it has a bright future. The twin brothers claim that for people to switch to another project, it would have to be ten times better than ETH.

Ethereum developers are working towards improving the Ethereum network for its users. Currently, the network has announced Ethereum London Hard Fork. In detail, this upgrade paves the way towards the release of ETH 2.0.