Bloomberg say that Ethereum (ETH) is significantly undervalued!!
Bloomberg strategist Mike McGlone says that based on a discounted cash flow model, which attempts to estimate the value of an investment based on projections of future cash flows, Ethereum is undervalued by a long shot.
“Traditional investors may discover the rules of the game have changed with Ethereum, which is developing into a crossover asset with a unique blend of equity, commodity and monetary characteristics. One of our discounted cash flow models currently arrives at an Ether value of $6,128, giving it 110% upside from current levels.”
submitted by /u/Proud-Discipline9902
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