The Art World Fuel Ethereum will go to $ 500 this year?


By George Prior via

The art world will help raise the prices of the Ethereum cryptocurrency to $ 500 by the end of the year, says an influential technology expert and business analyst.

The comments of Ian Mcleod, of Thomas Crown Art, the world's leading art technology agency that he founded with the renowned art dealer Stephen Howes, arrive when the second cryptocurrency in the world failed to exceed $ 208 and $ 210 against the US dollar.

Mr. Mcleod observes: "The price of Ethereum has remained in bear territory for a few weeks, with prices in dramatic decline.

"But it can be expected that there will be a reversal of the trend between now and the end of the year.After returning to the bull territory, there will be a dramatic recovery with substantial gains.
"It would be reasonable to believe that Ethereum will reach $ 500 by the end of 2018 and will continue on an overall upward trajectory throughout 2019."

He continues: "Most of the expected price increases will be fueled by a growing number of industries including real estate, antiques and finance, using Ethereum and its superior blockchain technology.

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