Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Lyra: Ethereum has a 20% chance of breaking through $5,000 by the end of June

Lyra: Ethereum has a 20% chance of breaking through $5,000 by the end of June

CointimeCointime2024/05/22 11:19
By:Cointime

According to decentralized options market Lyra, there is a 20% chance that Ethereum's price will rise to $5,000 by the end of next month. Nick Forster, founder of Lyra and former Wall Street options trader, stated that based on Lyra's option market implications, the probability of Ethereum reaching $5,000 by June 28 is about 20%, and the probability of exceeding $5,500 by July 26 is also 20%.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Pepe’s market cap briefly tops $10 billion on back of 77% price surge

The price of the frog-faced memecoin surged 77% in the past 24 hours to trade at $0.000024.Major exchanges, including Coinbase, Robinhood and Upbit, have recently listed Pepe trading pairs.

The Block2024/11/14 04:00

ETH killers are still no closer to doing the deed

Solana is the crowd favorite to potentially flip Ethereum somewhere down the line, and it tends to feel realistic at times

Blockworks2024/11/14 03:44

Bitcoin at $100k very possible before EOY, analysts say

The market is due for a breather, but analysts expect prices to continue moving up in the coming weeks

Blockworks2024/11/14 03:44

FBI raids Polymarket founder's home

Cointime2024/11/14 03:33