Ep. 77: Nikhil Shamapant On Ethereum to $150,000, Triple Halving and NFTs
- By Bilal Hafeez
- 1 min read
Nikhil recently published an influential investment report titled ‘Ethereum, The Triple Halving’, and has been researching cryptocurrencies and the Ethereum ecosystem since 2020. Outside of markets, Nikhil is an incoming medical resident at University of Colorado internal medicine. Nikhil completed his undergraduate degree at Rice University where he studied Philosophy and Cognitive Science. He then completed his medical school at the Icahn School of Medicine at Mount Sinai. In this podcast we discuss:
- Key differences between Bitcoin and Ethereum
- Consensus algorithms: proof-of-work vs proof-of stake
- The selling pressure of miners on Bitcoin
- The triple halving for Ethereum
- Impact of EIP1559 and halving
- Base case price target for Ethereum of $30,000-$50,000
- Dynamics of an overshoot to $150,000
- The growth of staking derivatives
- Can Cardano and Solana dislodge Ethereum
- Future of NFT and the metaverse
- Book that influenced Nikhil: Doing Good Better (MacAskill)
You can follow Nikhil on Twitter and on Substack.
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You can read the transcript for this podcast here.
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)