Ethereum

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 <p>Ethereum (ETH), the second-largest crypto by market cap, has surged by over 87% since the beginning of the year. Although the growth is commendable, ETH’s rise in 2023 is overshadowed by Solana’s (SOL) over 500% growth and Bitcoin’s (BTC) over 150% growth in the same time frame. Nonetheless, analysts anticipate the asset to rally to new highs in the next bull run.</p>
 <p>ETH is currently up 3% in the daily charts and 0.9% in the last week. Moreover, the token’s price has surged by over 14% over the previous month.</p>
 <figure class="wp-block-image size-large is-resized"><img decoding="async" width="1024" height="845" src="https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp" alt class="wp-image-122272" style="width: 100%;height:auto" srcset="https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 1024w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 300w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 768w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 1536w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 380w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 550w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 800w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 1160w, https://cdn.thebittimes.com/images/2023/12/20/291f8051b692265896ec3c65fc53f7ce.webp 1646w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: CoinGecko
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 <p><strong>Also Read: Bitcoin vs. Ethereum: What Are Institutional Investors Buying?</strong></p>
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 <p>Despite the healthy rise in 2023, ETH is still down by over 50% from its all-time high of $4,878.26, which it attained on Nov. 10, 2021.</p>
 <h3 class="wp-block-heading" id="h-how-to-be-a-millionaire-when-ethereum-eth-hits-3000">How to be a millionaire when Ethereum (ETH) hits $3000?</h3>
 <figure class="wp-block-image size-full"><img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp" alt="Ethereum Developers Unveil Zero-Knowledge Wormholes: Details" class="wp-image-113639" srcset="https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 1024w, https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 300w, https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 768w, https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 380w, https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 550w, https://cdn.thebittimes.com/images/2023/12/20/2a86df4785cee6361e57f864212fa6c9.webp 800w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: Investopedia
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 <p>Reaching $3000 from current levels amounts to a growth of about 33%. To have a million dollars worth of Ethereum at $3000, you would need around 333.33 ETH tokens. The cost of 333.33 ETH at current prices is about $747,333.</p>
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 <p>However, if ETH reaches its all-time high of $4878.26, the same investment would be worth around $1,626,000 ($1.62 million).</p>
 <p>Now, the question is whether Ethereum (ETH) will reach its all-time high again or not. The short answer is yes. There is a high chance of ETH not only hitting but surpassing its previous all-time peak.</p>
 <p><strong>Also Read: JP Morgan Says Ethereum Will Outperform Bitcoin in 2024</strong></p>
 <p>According to Changelly, Ethereum (ETH) could surpass its all-time high by 2025. According to the platform, ETH could hit a maximum price of $5,930.32 in 2025.</p>
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 <p>However, if the crypto markets enter a bull run in 2024, fueled by a spot Bitcoin (BTC) ETF (Exchange Traded Fund), Ethereum could hit a new all-time high much sooner, making some holders millionaires. All significant cryptocurrencies may hit new peaks if the SEC (Securities and Exchange Commission) approves one or more spot BTC ETF applications.</p>
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  <li>ethereum</li>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ethereum-here-s-how-to-be-a-millionaire-when-eth-hits-3-000-tbt74221.html">https://thebittimes.com/ethereum-here-s-how-to-be-a-millionaire-when-eth-hits-3-000-tbt74221.html</a></p>

Ethereum: Here's How to Be a Millionaire When ETH Hits $3,000

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