Is Ethereum Worth Buying in 2023? An In-Depth Look

As a crypto investor, you’ve probably been eyeing Ethereum (ETH) for a while now, but the nagging question remains: is 2023 the right time to buy?

With the volatility of the crypto market and the impact of the bear market on Ethereum’s price, it’s essential to weigh the potential risks and rewards before diving in.

In this article, we’ll explore whether now is the right time to invest in Ethereum and provide some insights into its future prospects.

Please note that this article is for informational purposes only and should not be considered professional financial advice.

Influential Opinions on Ethereum

Cathie Wood, a renowned investor, declared that Ethereum is more undervalued than Bitcoin (BTC) and expects an ETH price of US$180,000. This would represent approximately a 25x return on a BTC investment and 50-60x on ETH. While these predictions are certainly eye-catching, the future price of both cryptocurrencies in 2032 remains uncertain.

The Merge and Its Implications

The Merge, executed on September 15, 2022, completed Ethereum’s transition to Proof-of-Stake (PoS) consensus, officially depreciating Proof-of-Work and reducing energy consumption by ~99.95%. This shift means that the wealth of stakers, not computing power, now drives the network forward. Consequently, the biggest owners, including custodians, could gain outsized influence in the Ethereum ecosystem, potentially moving away from the decentralised ethos that many cryptocurrency proponents value.

Network Upgrades and Dapps

Ethereum price predictions are essential for every investor looking to try their luck in the crypto industry. After the recent introduction of network upgrades, Ethereum experienced a resurgence in demand and price action. Decentralised applications (Dapps) are a growing movement that leverages Ethereum to disrupt existing business models or invent new ones. This development further adds to Ethereum’s potential as an investment.

The Ethereum Triple Halving and Decreased Issuance

The so-called Ethereum Triple Halving refers to a significant reduction in ETH issuance, which has both positive and negative implications. On one hand, decreased issuance makes speculative endeavours less attractive, as they compete with a strong base asset. On the other hand, ETH issuance has historically been much greater than BTC issuance as a fraction of market cap, and during past winters, ETH has not held its value as well. Decreased issuance should improve this.

A dynamic monetary policy that adapts to market conditions could be in Ethereum’s future, tightening during bear markets and loosening during bull runs. This approach would better direct funding to creators rather than miners, benefiting the Ethereum ecosystem.

Current Ethereum Price and Future Prospects

Today’s Ethereum price is $1,414.66, with a 24-hour trading volume of $12,499,385,302 USD. Ethereum is down 1.50% in the last 24 hours, and its current CoinMarketCap ranking is #2, with a live market cap of $173,116,822,094. The current price is $1,658.26 per ETH, which is 67.21% below its all-time high of $4,891.70 reached on November 9, 2021.

The Merge did not change anything for holders/users. Major recovery in crypto prices is unlikely without new or returning investors bringing cash back into the market. Unless retail investors enter the market, Ethereum may not strongly surpass its all-time high. However, factors like Coinbase, NFT marketplaces, and the wealth held by whales could spark retail interest and impact Ethereum’s price.


Is Ethereum worth buying in 2023? As with any investment, it’s essential to weigh the potential risks and rewards before making a decision.

Our Ethereum price prediction for 2023 is a maximum price of $2,609.01, indicating a significant gain on the current price. We also anticipate a minimum value of $2,121.12 and an average market price of $2,186.87. These projections suggest that Ethereum could be an attractive investment opportunity.

We expect the effect of Ethereum’s Merge, the Shanghai update, and other frequent developments to positively impact the price of Ethereum. However, it’s important to consider the potential risks, such as decreased ETH issuance and the potential for outsized influence by major stakeholders, which may pose risks to Ethereum’s decentralised ethos. Additionally, the crypto market is highly volatile, and Ethereum’s price recovery will depend on factors such as retail investor interest and the actions of whales.

Ultimately, the decision to invest in Ethereum in 2023 should be based on your risk tolerance, investment goals, and a thorough analysis of market trends and expert opinions.

Always remember that this article is for informational purposes only and should not be considered professional financial advice.

It’s essential to do your research and consult with a financial professional before making any investment decisions.

NSAV Announces Partnership with Metaverse Network

In the broadest terms, the metaverse is understood as a graphically rich virtual space, with some degree of verisimilitude, where people can work, play, shop and socialise – in short, do the things humans like to do together in real life.

McapMediaWire – Net Savings Link Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced that the Company has partnered with Metaverse Network LLC (MNC) to launch the world’s first DeFi-GameFi combined App, known as MetaFi, which offers users Play & Earn via algorithm solutions.

MetaFi is a finance where users not only receive entertainment but receive rewards for participation. These rewards are transferable and can be utilised in various diverse third party individual Blockchain DApps. MetaFi users do not worry about exposing their identity. All users can buy avatars via NFT’s for greater privacy and security.

MNC Intro

Metaverse Network LLC Company Logo

Metaverse Network LLC Company Logo

GameFi is out to become a game-changer in the industry, after unveiling an innovative staking and evolution system that applies a game-like strategy to the crypto market.

NSAV further announced that the De-Fi-GameFi venture with Metaverse Network LLC will go public in New York in Q1 2022.

W. Y. Cheung, CEO of MNC stated, “We are thrilled to work with NSAV management. They are very blockchain savvy and their vision has always enlightened me.”

Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “According to public information, Metaverse has the potential to be a $ 1 trillion market, which we can harness from and we believe NSAV should also prepare for this era to arrive.”

MNC Metafi Image

MNC Metafi Image

About MNC

MNC is a centralised App that transforms diversified users to decentralised universe DApps. It is a “playground” that supports both creators and users for access, allowing to create a link between the present universe and Metaverse to work together in harmony. As Blockchain environments are dominating the landscape in the next era to come, MNC believes token ecology is essential to access the new era community and to operate in the decentralised economy.

NSAV’s vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

NSAV Company Image

NSAV Company Image

For further information please contact NSAV at

The NSAV Twitter account can be accessed at

The NSAV corporate website can be accessed at

The NSAV Premium OTC Crypto Trading Desk website can be accessed at

The NSAV Hong Kong OTC Crypto Trading Desk website can be accessed at

The NSAV Decentralised Cryptocurrency Exchange (DEX) website can be accessed at

The NSAVDEX Telegram account can be accessed at

Silverbear Capital Inc., a leading, global investment banking firm, will be advising NSAV on strategic matters related to this transaction.

Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice.

Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbours created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link Inc. or any other person.


Net Savings Link, Inc.