David Gokhshtein, founder of Gokhshtein Media, former US congressional candidate, who frequently tweets about major cryptocurrencies and meme coins, this time Ethereum and the predictions seen on Twitter last year that ETH is heading towards $10,000.
In his tweet, Gokhshtein wonders if the community of the second largest digital currency still has the potential to reach the high price level mentioned above. He tweeted recently that he hadn’t heard anyone talk about ETH reaching $10,000 on Twitter.
We don’t hear much talk about $ETH hitting $10K anymore.
— David Gokhshtein ®️ (@davidgokhshtein) March 24, 2023
NEWS CONTINUES BELOW
Shanghai Date of ETH Upgrade Announced
As Koinfinans.com previously reported, the date of the highly anticipated Shanghai upgrade has finally been announced. The hard fork, which is very important for the ETH network, will take place on April 12.
After that, stakers will be able to start withdrawing their ETH from the Ethereum 2.0 deposit contract. This upgrade, along with another upgrade called Capella, will complete the blockchain’s transition to a proof-of-stake consensus algorithm. Some whales are waiting for the Ethereum price to drop after this, as a large amount of ETH is expected to be withdrawn from the aforementioned staking contract.
Ethereum Market Performance
At the time of this news ETH priceIt is holding in the $1,750 region after it recently managed to surpass $1,800. Ethereum has hit $1,800 several times this month as the banking crisis in the US continues.
Developments began with the collapse of the big bank. Silvergate, Silicon Valley Bank, and Signature Bank were the best-known examples. This briefly pushed the Bitcoin price to $28,000 and allowed Ethereum to regain $1,800.
These developments are causing the price of Bitcoin, Ethereum and the rest of the crypto market following them to rise.
You can follow the current price action here.