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ETH to $18K? BitMine’s Bold 5% Strategy Sparks Crypto Frenzy

ETH to $18K? BitMine’s Bold 5% Strategy Sparks Crypto Frenzy

Hey there, crypto enthusiasts! If you’ve been scrolling through X lately, you might have stumbled upon a tweet from degenwolf.base.eth that’s got the blockchain community buzzing. Posted on July 29, 2025, at 14:40 UTC, this tweet dives into some wild predictions and strategies that could shake up the Ethereum (ETH) market. Let’s break it down and see what’s cooking!

The $18K ETH Magnet

The tweet kicks off with a bold claim: ETH could soar to $18,000 by the end of 2025. That’s a massive jump from its current price of around $3,800 (as of the latest updates). Why the hype? It seems the market is drawn to this target like a magnet, fueled by aggressive accumulation strategies from big players. This kind of price prediction isn’t just wishful thinking—it’s tied to some serious moves in the crypto space.

BitMine’s 5% Power Play

At the heart of the excitement is BitMine (BMNR), a company aiming to snatch up 5% of Ethereum’s total supply. That’s a huge chunk of the network’s 120 million ETH cap! The tweet highlights that BitMine achieved in 18 days what MicroStrategy’s Michael Saylor took 180 days to accomplish with Bitcoin. BitMine’s current ETH holdings are a staggering $2.7 billion, and they’re positioning themselves as the “MicroStrategy of Ethereum.” This strategy involves using a treasury approach to buy and hold ETH, potentially driving up its value through scarcity.

Quant Insights and Price Targets

BitMine’s quant team is throwing out some eye-popping numbers, suggesting ETH could hit $60,000 or more in the long run. The tweet references a thread from BitMine where they estimate a “replacement value” of $60,000 for ETH, far exceeding its current $3,800 price. This is based on Wall Street-style valuations, which could signal a major shift if institutional adoption picks up. The $18K target for year-end might be a conservative stepping stone to that bigger goal.

Other Players in the Game

The tweet also mentions eth_strategy, which has raised 12,500 ETH to kick off an onchain reserve protocol. This move could bolster Ethereum’s ecosystem by locking up more ETH, reducing supply and potentially boosting prices. Meanwhile, Base, a Layer 2 solution, is onboarding tons of new users, adding fuel to the demand fire. Together, these efforts could create a perfect storm for ETH’s growth.

Visualizing the Hype

The tweet includes a chart from TradingView, showing ETH’s price action over the years with a projected climb. Check it out:

ETH price chart with a projected rise to $18K

This chart suggests a bullish trend, with volume spikes and a potential breakout. It’s a visual cue that traders are watching closely as 2025 unfolds.

Why It Matters

So, why should you care? If BitMine pulls off its 5% strategy and ETH hits $18K or beyond, it could redefine the crypto market. This isn’t just about hodling—it’s about companies using treasury strategies to influence asset prices, much like MicroStrategy did with Bitcoin. Plus, with experts like Tom Lee (from Fundstrat) backing the play, the credibility factor is high. Lee’s track record of calling market bottoms and his focus on ETH as the “biggest macro trade” add weight to these predictions.

What’s Next?

As of tonight—10:05 PM +07 on July 29, 2025—this story is still unfolding. BitMine’s aggressive approach, combined with growing institutional interest and onchain innovations, could push ETH to new heights. Keep an eye on meme-insider.com for the latest updates, and let us know your thoughts in the comments! Are you betting on ETH to hit $18K, or do you think this is just crypto hype? Let’s dive into the discussion!

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