Ethereum could go to $10K in 2021 and outperform Bitcoin
According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. Ether (ETH) is likely to outperform Bitcoin (BTC), at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph.
Alt season is upon us
Melker sees this period of Bitcoin’s price consolidation as particularly bullish for the second-largest cryptocurrency, which recently reached new all-time highs. Melker sees Ether’s outstanding performance as the main catalyst of the recent altcoin market bull run.
He also revealed he has been largely switching his dollar-cost averaging strategy from Bitcoin to Ether in the last few months, in order to take advantage of Ethereum’s “tremendous upside potential.” “It’s like investing in the internet in the early 1990s to me.”
According to Melker, Ether could reach the $10,000 price target by the end of 2021.
“I don’t see why that’s crazy. It’s basically just under a 5x from here. [...] Bitcoin did almost three times that last year.”
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 90.8% | 4 | $26 284.93 | 0.40% | -1.58% | $512 450 303 832 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 89.6% | 6 | $1 590.77 | 0.91% | -2.61% | $191 259 893 789 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $0.999945 | 0% | -0.03% | $83 203 336 292 |  |
|
| 4 |  BNB |
Binance Coin predictions | 90.4% | 4 | $211.48 | 1.43% | -2.18% | $32 535 832 612 |  |
|
| 5 |  XRP |
XRP predictions | 92.4% | 8 | $0.503892 | 0.71% | 0.08% | $26 829 848 518 |  |
|
| 6 |  USDC |
USD Coin predictions | 94.8% | 1 | $1.000097 | 0.01% | 0% | $25 662 645 608 |  |
|
| 7 |  STETH |
Lido stETH predictions | 94.4% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 8 |  ADA |
Cardano predictions | 94% | 7 | $0.246497 | 0.97% | -2.26% | $8 657 571 831 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 94% | 6 | $0.061028 | 0.22% | -1.62% | $8 614 628 399 |  |
|
| 10 |  WTRX |
Wrapped TRON predictions | 86% | 17 | $0.083146 | -0.31% | 0.29% | $8 453 971 571 |  |
|
| 11 |  SOL |
Solana predictions | 87.2% | 23 | $19.34 | -0.18% | -2.27% | $7 984 181 258 |  |
|
| 12 |  TRX |
TRON predictions | 83.2% | 20 | $0.084559 | 1.10% | 0.67% | $7 535 502 870 |  |
|
| 13 |  TON |
Toncoin predictions | 62.4% | 79 | $2.15 | -2.42% | -11.06% | $7 377 709 332 |  |
|
| 14 |  DAI |
Dai predictions | 91.2% | 1 | $0.999944 | 0.04% | 0% | $5 347 589 340 |  |
|
| 15 |  DOT |
Polkadot predictions | 87.6% | 23 | $4.09 | 2.02% | -0.27% | $5 277 683 110 |  |
