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Ether Hits $3,000 as Vitalik Buterin Officially Becomes Billionaire. Is $10,500 Possible?

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Mon, 05/03/2021 - 04:30
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Alex Dovbnya
Ethereum co-founder Vitalik Buterin has officially become the world's second-youngest self-made billionaire
Ether Hits $3,000 as Vitalik Buterin Officially Becomes Billionaire. Is $10,500 Possible?
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Leading altcoin Ether surpassed $3,000 for the first time at 1:38 a.m. UTC on the Bitstamp exchange. 

Ethereum co-founder Vitalik Buterin now holds over $1 billion worth of ETH in his main address, which he disclosed back in October 2018. The 27-year-old visionary also owns some other tokens.             

Buterin has some other undisclosed addresses on top of this main one, but he claimed that they were "quite small."            

Nevertheless, his official wallet already makes him the second-youngest self-made billionaire (behind only Luminar Technologies CEO Austin Russell).

Russell replaced makeup mogul Kylie Jenner after she was removed by Forbes last year because of her family’s riches.

Related
JPMorgan Claims Ethereum Should Outperform Bitcoin

Fundstrat says Ether could hit $10,500

Ether is up a whopping 316 percent in 2021, significantly outperforming Bitcoin.

Ether
Image by tradingview.com

In spite of its stellar gains, Fundstrat believes that it has much more room to run. Tom Lee’s market research firm continues to stand by its prediction that Ether could hit $10,500, according to its recent research note.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.