BitMEX CEO Arthur Hayes recently predicted that Ether's (ETH) price will drop below $100. Hayes also called Ether a "shitcoin". Although its price dropped below $300 recently for the first time since November 2017, it is unlikely that it will drop below $100 because of many recent positive developments in the crypto ecosystem. Ethereum co-founder Joseph Lubin also recently noted that "two orders of magnitude" more development work being done due to the dramatic rise in the number of blockchain developers.
