2025-1-13 14:03 |
The crypto market has been in a steady decline following the recent macroeconomic situation worldwide, but prominent analysts predict that ETH will nearly double following Donald Trump’s inauguration on January 20th.
Despite losses, and certain whales selling over 10,000 ETH at a loss, long-term positions point toward a strong likelihood of a rebound to $3,800 in the next few days followed by new ATH before the end of the month. For now, whales are pouring huge amounts of ETH into upcoming altcoins such as Wall Street Pepe and Solaxy, so let’s see how the situation is developing in more detail.
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KPIs Point to Ethereum Price Increase and Significant GrowthDespite the losses, Ethereum’s current price dip is still pointing toward a long-term bullish market. According to the MVRV or Market Value to Realized Value ratio in the past 30 days, the asset has been oversold in the past month. The MVRV is currently in tune with critical support levels, showing strong signs of a price recovery in the upcoming period.
Moreover, once the whales intensify their activity, the market is expected to strengthen, entering a strong bullish phase, followed by significant price gains. Some analysts expect to see ETH push to over $6,000 following Donald Trump’s inauguration that will take place in 7 days. This outcome is even more likely if Ethereum dips all the way to $2,800 ahead of the event, as that would provide a strong foundation for a bullish trajectory, copying the situation from the previous bull market exactly four years ago.
However, for Ethereum to succeed in reaching $6,000 it will need strong support and quick recoveries from potential dips. Other experts predict that ETH will hit $4,755 before breaking out and reaching $6,000 in the medium term, but only if it manages to break through key support levels at $3,800 and $4,100. All eyes are currently on Donald Trump, as the market prepares for the so-called Trump Effect, which could turn the current bearish phase into a huge pump before the end of the month. Until then, thousands of whales and smaller investors are putting their money into ICOs with 10x potential, so let’s take a quick look at their favorite options in the past month.
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Wall Street Pepe – Frog-Themed Meme Coin Expected To Pump By 10X After ReleaseWall Street Pepe has been the most popular meme coin presale in the past month, with over $47 million raised in record time. It is second to only Pepe Unchained, which is still the most successful meme coin presale of all time with over $74 million raised ahead of the official launch.
Like its predecessor, Wall Street Pepe is built around Pepe the Frog, but unlike all other Pepe-inspired memes on the market, this one gives $WEPE token holders access to expert trading signals and insider groups. Its goal is to give smaller investors an edge over crypto whales, allowing them to impact the market and get better returns when trading cryptocurrencies.
The project aims to do so by providing members of the Wepe Army with direct access to insider groups, trading signals, and advanced information they need to predict the next high-gaining cryptos. Moreover, the project will reward the most successful traders with free $WEPE tokens every week, and much more. The ongoing presale raised over $47 million, and $WEPE tokens are available for as little as $0.00036646.
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Solaxy – World’s First Layer 2 Solana-Based Meme Coin Striving For GreatnessSolana’s expansion in the past year has been truly impressive, but despite getting hundreds of new meme coins, there still isn’t a Layer 2 solution that provides the best that the blockchain has to offer – until now. Solaxy is the world’s first Solana-based Layer 2 meme coin that will offer unprecedented transaction speeds at the lowest gas fees possible, and it’s making huge steps toward greatness.
Namely, the project entered presale a few days ahead of NYE, and has already raised over $10 million in a matter of weeks. Investors are buying $SOLX tokens in huge numbers, staking them for impressive APYs of over 345%. $SOLX tokens have the power to bring Solana to a whole new level, so join the revolution today and enjoy 10X returns once the project goes live!
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Final WordsEthereum’s recent price movements have scared smaller investors away from the platform, resulting in a sell-off that pushed the price of ETH tokens to $3,170. However, the losses are just temporary, and Ethereum is still on a path to reach new ATHs following Donald Trump’s inauguration in 7 days. Until then, don’t miss your chance to grab $WEPE and $SOLX tokens early to enjoy the highest gains once the bull market takes off in late January!
This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.
origin »Ethereum (ETH) на Currencies.ru
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