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HUGE ETHEREUM NEWS WITH SUPPLY DIMINISHING – ETHEREUM PRICE PREDICTION & BEST CRYPTOCURRENCY TO BUY. This video is all about the upcoming Ethereum London update. We are going to see some big time movement in the amount of Ethereum supply that is out there.
We have EIP 1559 coming out and this is a game changer overall. It should help to reduce the overall supply of daily supply of Ethereum by about 30%. We will eventually get to a point where we see the overall supply that could see a reduction of about 90%. This should lead to more upward pressure on the price, but we will have to wait to see if it comes through.
We also have the possibility of getting an Ethereum ETF okayed by the government as well. This would increase the demand and that would help in sending that price so much higher as well. The future for Ethereum looks very bright.
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