Ethereum (CRYPTO: ETH) could hit $250,000 per token if it captures the $31 trillion monetary premium currently held by gold and Bitcoin (CRYPTO: BTC), according to a new report from Etherealize.
The $31 Trillion Math
Gold’s monetary premium sits at approximately $29.7 trillion. Bitcoin’s monetary premium is around $1.5 trillion. Together, they represent roughly $31.1 trillion held by people who want money outside government control.
ETH’s current market cap is approximately $280 billion—less than 1% of that combined premium.
If Ethereum captured that premium distributed across roughly 121 million ETH in circulation, the implied price would be north of $250,000 per ETH. Today it trades around $2,300.
The Warren Buffett Problem
Warren Buffett identified gold’s fundamental limitation in his 2011 letter to Berkshire Hathaway shareholders: “If you own …
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