10 out of 12 metrics indicate strong undervaluation of Ethereum
Ten out of twelve metrics used by ETHval specialists indicate that Ethereum is significantly undervalued.
Only two indicators suggest that the fair value of ETH is lower than its current price of $2,808:
- the ratio of the cryptocurrency’s price to validator revenue (P/S Ratio);
- the growth of revenue generated from processing transactions on the digital asset’s blockchain (Revenue Yield).
All other models suggest that Ethereum should be priced much higher. Based on the values of all 12 metrics, the fair price of ETH reaches $4,619 — which is 64.4% higher than the actual market price of the cryptocurrency.
Ethereum metric indicators
One participant of the ETH ICO, who in 2015 purchased 40,000 coins for only $12,400, also believes Ethereum is undervalued. Therefore, instead of selling his digital assets on an exchange, he decided to send them to staking.
According to analysts at Lookonchain, on November 30 the whale locked all his Ethereum holdings worth $120 million to earn passive income, which currently averages 2.84% annually.
However, two other crypto whales chose to liquidate their ETH during the bearish trend, selling 28,000 ETH worth $78.6 million at the end of November. These transactions brought them substantial profits, as the cryptocurrency has increased in price hundreds of times over the past 10 years.
See also: "The cryptocurrency Ethereum rose by 10% amid bullish trading during the rally."
Українська
Русский
English

