The $100 monthly launch is worth $2. 5 million in 2024

Ethereum (ETH) is a technology that has existed since nearly a decade. In its brief history, the second largest crypto in terms of market capitalization has made great strides. ETH is in the limelight after recent positive developments surrounding the potential of a spot ETH ETF. This led to a rally across the market. But the US SEC, or Securities and Exchange Commission (SEC), has not yet approved the spot-ETH ETF.

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You would have invested $10,600 if you had been investing $100 per month into Ethereum (ETH), since the launch of Ethereum in 2015. Your portfolio value has risen from $2.5 to more than $2 million. This is a gain of 23,738%.

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A $100 investment per month from the launch of ETH until its peak at $4,878.26 was reached in November 2020 would amount to $7,600. In this case, however, the value of your portfolio would have increased to $3.4million, which is a 44,766% increase.

Ethereum (ETH), price forecast

CoinCodex predicts that ETH will likely consolidate at $3800 during the month of June. It is possible that the asset’s price will not rise until there are more updates on the ETF.

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Changelly Also, Ethereum (ETH), the platform predicts that prices will consolidate at current levels. The platform does predict that ETH will reach a price maximum of $4,773.52 by 2024. To reach $4,773.52 at current levels represents a 26% increase.

Telegaon. On the other hand is bullisher on ETH. This platform believes that ETH, the second most popular crypto currency will reach a record-breaking high during this year. Telegaon expects ETH’s value to reach $5,854.04 per ETH in 2024. That would be a 54.4% rise from the current level.