HitDeadline
- Price when said
- $368.24 closeprice data
- Target
- $500+36%
- First close at target
- $518price data
Mike Novogratz: Ethereum to $500 by Dec 31, 2017
Mike Novogratz's prediction that Ethereum would reach $500 by December 31, 2017 came true. Ethereum closed at $518 on December 11, 2017, the first close at or above the target. Mike Novogratz made the call on Bloomberg on November 21, 2017, when Ethereum was at $368.24. The target needed a 36% rise in one month.
Updated
What was said
Mike Novogratz
Founder and CEO, Galaxy Digital
Bloomberg, Nov 21, 2017SourceArchive
6 predictions · 4 hit · 2 missed
Speaking on Bloomberg TV, Novogratz, who has been bullish on Bitcoin throughout the year, said Bitcoin would yet hit the magic number before the new year, and also predicted $500 per coin for Ether (ETH) within the same period.
How we checked this
The prediction comes true if any daily close from Nov 21, 2017 to Dec 31, 2017, inclusive, is at or above $500. Prices are daily closes in UTC, not intraday highs.
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