ETH DeFi & Price correlation? What’s the ETH price to hit in 2020?

in #eth5 years ago (edited)

According to data from http://dapp.com, #ETH has a very close correlation with #DeFi performance.
📈When DeFi reached its peak in 2019, #ETH reached its highest price as well.

Social-2020-02-24.jpg

We can see that, in 2020, the Daily Volume of #DeFi (erc20 excluded) has 📈 increased from $3.5M in Jan to $17M in Feb recently. Meanwhile, #ETH reached its highest price at $280 in Feb😄

屏幕快照 2020-02-24 上午11.58.53.png

❓Do you think ETH will exceed $300 this year? What price are you expecting?

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Eth could hit 700$ in 2020.

Posted using Partiko Android

Let's see how the DeFi performance (transaction volume USD) in the following months in 2020. If it continues the upward trend, ETH should have a very positive price trend in 2020.

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