Although most models projected ETH prices above $4,000, one critical valuation model bucked the trend, signaling that ETH may be overvalued.
The native token of the Ethereum network, Ether (ETH), is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant.
A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing.
Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability rating of at least two. “These models were built by trusted experts across academia and traditional finance,” Ju said.
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