Ethereum Up 50%, Expert Says To Surpass Bitcoin
Ahmed Shabana just wrote a Crunchbase News article about how Ethereum could surpass bitcoin in the near future. He has also mentioned that half of his net worth is invested in Ethereum. Ahmed just did an interview yesterday with Cheddar TV about Ethereum potentially surpassing Bitcoin, and about El Salvador’s adoption of Bitcoin as legal tender and what that means for the country, the crypto, and other countries that may be moving towards adoption.
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Ethereum Climbed More Than 400% In 2021
Ethereum has already climbed more than 400% in 2021, and Ahmed Shabana is one expert that says that he’s confident it will cross an all-time high of $4,300. He’s available to speak about this price spike and what that means for cryptocurrency, investment, and adoption in places such as retail and government adoption.
Ethereum's cryptocurrency rose as high as $3,841 in the last day. Ether is up about 50%, according to price-tracking data provided by CoinDesk. Just this week the coin is up about 20%.
With its price spike this week, Ether widened the gap between returns from the cryptocurrency compared to returns from Bitcoin, the S&P 500, and the Dow Jones industrial average in the last year.
About Ahmed Shabana
Ahmed Shabana is a venture capitalist, startup advisor, investor, and entrepreneur. He serves as Managing Partner of Parkpine Capital, a U.S.-based venture firm founded in California in 2016. Committed to improving access of international founders to funding, Parkpine Capital has established global recognition by providing investment capital opportunities with over $430M to companies capable of expanding beyond borders. In 2021 Parkpine launched a Special Purpose Vehicle (SPV) to focus on the post-Covid tech economy, with focus on the healthcare, food, tech and content industries. Creator of The Hungry Company, Ahmed’s career is dedicated to coaching aspiring entrepreneurs and investing in startups that empower global entrepreneurship. Ahmed started The Hungry Foundation under that umbrella, which provides access to high-tech education after securing basic food, shelter and healthcare needs of children and families below the poverty line on a global scale. Recognized by both the Wall Street Journal and The Financial Times as a high-impact entrepreneur, Ahmed has been featured in CNN, CNBC, Entrepreneur Magazine, and Forbes.
Updated on Sep 8, 2021, 11:32 pm
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