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Gemini CEO shares his views on Ethereum to 2020 being a year for Polkadot

Gemini CEO shares his views on Ethereum to 2020 being a year for Polkadot

1) The co-founder of Gemini thinks  Ethereum’s price is a “steal” now.

Ethereum has exploded by nearly 500% from $130 at the start of 2020 to $760 towards the end of the year. Still, Ethereum price has remained 50% away from its highest level that was $1,450. Tyler Winklevoss, co-founder and CEO of Gemini believes that to buy ETH at this level is a “steal”. He tweeted

The price of ether $ETH right now is $735. This is 51% off of its all-time-high, which is like buying #Bitcoin at 14k. What a steal.

2) Bitcoin doesn’t seem to slow down as it hits $29,315.

Bitcoin is hitting an all-time high on daily basis and has done what has seemed impossible in past. Bitcoin has hit $29,315.42 the new all-time high at the time of writing. The market cap for Bitcoin is now $529 billion as per CoinMarketCap. There has been an increase of 24.32% in Bitcoin in the last 7 days.

3) Russell Okung’s  employer confirms that he is being paid in Dollars.

National Football League player Russell Okung’s Employer – Carolina Panthers ‘s spokesperson has disclosed that Okung is being paid in dollars like all other team members. He is using a crypto startup called Strike to convert a part of his earnings into Bitcoin. But NFL player’s tweet said

Paid in Bitcoin

He went ahead and one hour later tweeted

Do it, now.

 4) Joshua Frank – XRP is third largest collapse.

Joshua Frank, Co-Founder & CEO at The TIE recently made a tweet about the collapse of Ripple. In the tweet he wrote

XRP’s market cap has fallen by 93% from $137B to under $10B. That makes the value of the XRP collapse bigger than Enron and Worldcom. While not a bankruptcy, XRP is effectively the third largest collapse of all time behind Lehman Brothers and Washington Mutual.

5) 2020 has been year of gains for Polkadot.

On December 30, 2020, Gavin Wood, Polkadot creator published a 2020 roundup where he mentioned how 2020 has been for Polkadot. There is no doubt about the success of Polkadot as in December 2020 has gained over 56% and has become the sixth-largest Cryptocurrency in terms of market cap. In the roundup, it is mentioned

With 274 validators, run by around 200 independent operators and backed by over 7,000 individual nominating accounts, Polkadot is arguably the most decentralized high-value (and therefore secure) network in existence.


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