Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target
With the price of Ethereum hovering below the historical high (ATH), TRON founder, Justin Sun, proposed a bold vision aimed at revitalizing Ethereum. Value of CongzhanEssence
SUN’s vision for Ethereum price
In the nearest time Social post On X (previous Twitter), Sun proposed a plan that he believed that he could push Ethereum to unprecedentedly high, with a target price of $ 10,000. SUN’s strategy depends on the complete reform of the Ethereum Foundation (EF) and the Ethereum agreement itself.
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The founder of TRON claims that under his leadership, immediately and decisive action may make ETH’s current price peak almost doubled. One of his main suggestions is to stop Sell ​​Ethereum At least three years. The move of SUN aims to stabilize currency supply and enhance market confidence.
To make up for the operating costs of this period, Sun recommends using AAVE (AAVE) borrowing, pledge yield and stable currency borrowing to ensure that ETH supply remains unchanged, and at the same time consistent with the shrinking target.
In addition to stopping sales, Sun also suggested that high taxes on the following products: 2nd floor (L2) Project. He believes that this will bring at least $ 5 billion in income to Ethereum each year, whether it is stable or tokens.
The income of these taxes will be used to repurchase and destroy ETH in a decentralized manner, further exacerbate scarcity and may push high demand.
Large -scale layoffs will transform the Ethereum Foundation into an elite management
In his social media posts, Sun also emphasized the necessity of simplifying the internal operation of the Ethereum Foundation. He suggested a large layoffs, only retaining the most capable team members.
The people who stay will get a large salary increase, and the Ethereum Foundation will be transformed into a performance -based organization with high performance.
In addition, the founder of TRON has called for adjusting node rewards and paying more attention to Cost burning mechanismEssence Sun believes that by reducing node rewards, Ethereum can consolidate its currency tightening status and consolidate its position as a means of value storage.
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Sun said that the focus will be completely shifted to the development of the first layer (L1), which will be given priority to scalability, security and wider adoption.
Sun believes that these measures may cause Ethereum prices to exceed $ 4,500 in the first week of implementation, laying the foundation for long -term success.
Although this only represents the vision of SUN’s price of Ethereum, any of these proposals can eventually be adopted by the co -founder or developer of the platform.
As of writing this article, Ethereum’s price hovered around the $ 3,200 mark, and has fallen 4%in the past 24 hours. This decline has expanded the gap between the current price and its actual price Yatai $ 4,878, the difference is 34.5%.
Selected pictures are from Dall-E, and the chart comes from tradingView.com
