Your cryptocurrenciesBillionaire investor who expresses his support for e at every opportunity Mark Cuban He recently did an interview with “Fortune”.
Ethereum (ETH) Saying that he is optimistic about the future, Cuban said that the merger (Ethereum 2.0), which is expected to take place in Ethereum this summer, will be talked about a lot.
Mark Cuban, of the merger, which refers to the transition of ETH from a PoW system to a PoS system. ETH He said it would be very important to him.
“I am very optimistic about the upcoming Ethereum merger, I think it is very important for ETH.”
Two Reasons Mark Cuban Is Optimistic On Ethereum!
billionaire investor in etherum He said there were two reasons why he believed the merger was important.
Cuban, first reason As a result, it showed that with the transition to the PoS system, Ethereum mining will consume less energy and will also be more environmentally friendly.
Because with the transition of Ethereum to PoS, energy consumption is expected to decrease by 99%.
Second as a reason much less with the merger. Ethereum circulating in the market because the token will be printed ETH supply showed that there is a high probability that it will decrease.
Thinking that as Ethereum supply decreases, its price will increase and ETH will become even more scarce, Cuban added that he expects institutional interest in Ethereum to increase and more institutional investors to come.
like Mark Cuban Arthur Hayes, founder of BitMEX that he is optimistic for Ethereum after the merger that will take place in ETH, and He claimed that ETH would exceed $10,000 by the end of the year.
*Not investment advice.