💰Bitmine: Several institutions estimate the implied market value of ETH at $7 trillion based on the "alternative value" model, corresponding to a price of $60,000. Ethereum treasury and crypto mining company Bitmine stated on the X platform that it invited several research institutions to value Ethereum ($ETH) based on Wall Street's "alternative value" model. This valuation is for illustrative purposes only, and the results show that the implied market value of ETH is $7 trillion, corresponding to a price of $60,000, while the current market price is about $3,800, making the "alternative price" 18 times the current price.