'Dogecoin Millionaire' Predicts Ethereum To Hit $15,000 If Bitcoin Cracks $200,000

Glauber Contessoto, also known as "Dogecoin millionaire," expressed bullish sentiments on Ethereum ETH/USD, predicting a parabolic rise for the second-largest cryptocurrency.

What Happened: While acknowledging current market frustration over ETH’s underperformance, he believes Ethereum is well-positioned for future growth.

He highlighted Ethereum’s appeal to institutional investors, describing it as a trusted blockchain for building applications, unlike Solana SOL/USD, which he labeled a “meme coin blockchain” attracting high-liquidity traders.

Don’t Miss:

• 1 in 4 Americans own a share of Bitcoin according to NASDAQ — this platform touts returns as high as 12.5% APY and is giving $100 in welcome rewards if you sign up today.
• Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence.

Contessoto asserts that institutional investment in Bitcoin BTC/USD will eventually shift to Ethereum for development purposes.

His prediction sees Ethereum potentially hitting $15,000 this cycle if Bitcoin climbs to $200,000, emphasizing its role as the next step for institutional players

Trader CrediBULL Crypto warned that while Bitcoin is testing its range highs, Ethereum remains stagnant.

If Bitcoin faces a rejection at these levels, Ethereum could follow suit.

The trader hopes for either an Ethereum rally to match Bitcoin’s gains or a price dip below $2,800, presenting a buying opportunity.

Also Read: The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.

Why It Matters: Despite concerns over Ethereum’s sluggish performance, Contessoto and others highlight its strong potential for long-term growth, driven by institutional adoption and its robust blockchain ecosystem.

IntoTheBlock data shows large transaction volume increasing by 79.9% and daily active addresses falling by 6.7%. Transactions greater than $100,000 are up from 5,187 to 8,210 in a single day. Exchanges netflows are up by 527%.

Coinglass data reports Ethereum open interest spiked to $18 billion.

Read Next: 

• ‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25/share
• With over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. Be an early investor with just $1,000 for only $0.50/share today before the offer closes in the next few days!