Analyst Predicts Ethereum Could Explode By Up To 1,556% In An AI-Powered Economy — Here’s How

Arthur Hayes, co-founder and former CEO of crypto derivatives trading platform BitMEX, is forecasting a massive rally for Ethereum (CRYPTO: ETH), asserting that it could run up 1,556% from its current price of $1,875 and hit $31,063. What Happened: In a blog post on Thursday, Hayes wrote that the price of Ethereum stands to benefit immensely from artificial intelligence (AI) technology.