Using a unique quantitative approach, ETHDenver speaker Brian Russ told attendees that ETH is fairly valued but could produce a 17x return by 2033.
Ethereum (ETH) price has increased by 128% over the past 12 months and has gained 804,027% since opening for trading at $0.43 on Oct. 20, 2015. Despite this phenomenal growth, is there room for Ether price to rally 17x from its current trading price?
Brian Russ, the managing director of BMO Financial Group at the Colorado market, thinks it is a possibility.
On March 1, at ETHDenver, Russ spoke about how traditional finance analysts use various quantitative models to value a company, a blockchain and its token.
