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.”

Source:https://dailyhodl.com/2022/04/06/ethereum-significantly-undervalued-while-terra-solana-and-one-other-eth-rival-all-show-positive-signals-bloomberg-analyst/