BTW, previously, Ethereum creators Vitalik Buterin and Charles Hoskinson questioned the value of most cryptocurrencies in the market, given that tokens without products and users have obtained multi-billion dollar valuations within a short period of time.
With the recent correction in mind, public blockchains and cryptocurrencies within the global market will need to prove their potential and justify their market valuations by obtaining actual active user bases and useful products. So what do you think about where ETH goes next?
I think there is a good chance Ethereum will be $1100 by the beginning of 2018.
Even though the price of Ethereum has already appreciated significantly in 2017, there is still significant upside from current levels.