Ethereum Could Lose its $200 Support Zone With a Delay of ETH 2.0

The fears of a possible delay were confirmed during a recent Reddit Ask-Me-Anything session where Ethereum Foundation researcher, Justin Drake, gave a new launch date of January 3rd, 2021. As such, I’m now inclined to say that the earliest practical date for genesis is something like January 3, 2021 (Bitcoin’s 12th anniversary).

Ethereum Risks Losing the $200 Support Zone The impact of a new launch date of January 2021 could have a negative effect on the price of Ethereum. Ethereum Foundation researcher Justin Drake took to Twitter to explain that the Etheruem community’s voice had been heard and a 2020 launch fo ETH2.0 was still very much possible.

Timeline of Ethereum