Can Ethereum make you rich?

Could you believe that in the last months Ethereum was barely reaching 2000$ and it is now up to almost 4000$ ?

Ethereum is a cryptocurrency that was first introduced in 2015. It is the second biggest cryptocurrency after Bitcoin.
Indeed, some analysts say it has the power to one day supplant Bitcoin as the market's leading coin.

This year, the value of Ethereum has skyrocketed.The rise may be attributed to a variety of factors.

These include enhancements to the Ethereum blockchain and an increasing trend toward “DeFi,” or decentralized finance, which applies to transactions other than conventional banking for which the Ethereum blockchain serves as a critical forum.

With the asset's price rising and dropping to such extreme rises and lows, Ethereum is a particularly good asset for traders who can profit from these price fluctuations by taking a long or short position.

Long-term market forecasts indicate that Ethereum will not only hit $10,000, but will also reach values well above that in the future despite breaking above its previous all-time peak.