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Ethereum has struggled to maintain the important level of $ 2.5K. It is currently quoted in a narrow area between $ 2.75ky $ 2.4K since May 10.
It is worth noting that even after the recent 9% decrease in $ ETH prices, the annualized premium is 6%. This means that $ ETH futures are currently a 6% premium compared to the point.
In simple words, merchants are willing to pay more for $ eth than their spot price, indicating a general neutral feeling.
Keep reading while we discuss the ongoing feelings of the market around Ethereum. We will also suggest the best cryptography to buy now to mount the next Crypto Rally of $ ETH.
Positive Ethereum Market Data
A possible reason for the decrease in the price of $ ETH could be that investors lose interest in DAPPS throughout the block chain.
The total blocked value (TVL) of the cryptographic industry is currently at $ 122b. This is 43% less than its historical maximum in December 2021.
Even then, Ethereum dominates the TVL with a market share of 54.2%. Of this, 6.3% is added by layer 2 in Ethereum. As a comparison, the Ethereum TVL is four times more than the solana and bnb chain combined.
In general, although there has been a fall in the TVL in general of the industry, Ethereum has managed to emerge as a dominant player.
Now, let’s compare the rates collected by the protocols of Solana and Ethereum.
- The four best DAPPs in Solana raised $ 356.3 million in user rates in the last 30 days.
- Of this, only $ 48.5m (13.6%) were collected as protocol rates.
- On the other hand, the four best DAPPs in Ethereum raised $ 169 million in the last 30 days. 52% less than Solana.
- From this, $ 38.3 million (22%) were collected as protocol rates.
This is mainly due to the fact that many DAPPS in Ethereum are executed in the layer 2 solution, which is resolved in Ethereum Mainnet and shares income with validators, creating demand of $ eth.
So, although prices may seem stuck from now on, $ ETH has still increased around 75% since mid -April. A solid consolidation is important for a long -term sustained price rally.
A break above the $ 2.75K resistance can boost $ ETH towards its historical maximum of $ 4K. If you want to prepare for this opportunity in the best possible way, here are some main alternatives in which you can invest.
1. MIND OF PEPE ($ MIND) -The best cryptography to buy now to identify tokens worthy of explosions
If you have been at sea trying to choose the next great cryptographic currency and want to overcome your cryptographic investment career, Pepe’s mind ($ minds) It is easily the cryptography #1 that you must buy.
$ MIND is an avant -garde AI agent who:
- Interact with the cryptographic community, in a conscious tone of the context using crypto jargon and relevant meme, on online platforms like X
- Recognize your opinions and ideas about specific meme coins
- Combine the online talk with activity data in the chain, such as volume peaks, early financing of investors, etc., to identify the next crypts to explode.
As head of Token Mind Mind, you will enjoy exclusive access to the real -time Cryptographic Cryptographic Investment Councils of the AI ​​agent.
In addition, Mind of Pepe is ready to reach a stage where you can create tokens from scratch. Early access to these new potential crypts is also a great benefit of Hodling $ Mind.
Fortunately for you Pepe’s mind It is currently in presale. He has raised the a whopping of $ 11.9 million, and each token is available for only $ 0.0037515.
However, be sure to move quickly because the presale $ MIND is finishing in about 2 days from now on. Here is our guide on how to buy Pepe’s mind.
2. SUPPLY ($ SOLX) -Primero Solana L2 with $ 40 million in pre-sale financing
Abrexy ($ Solx) It could be right in the center of the next increase in Defi, since its goal is to revolutionize the solar block chain and restore its glory days.
Solana, in case it is out of the loop, has faced congestion and scalability problems thanks to the success of $ Trump, which brought hundreds of thousands of new investors to Solana.
During the maximum activity hours, Solana cannot process transactions, which often results in failed transactions applications. Enter Abraxy.
Abrexy will build the first layer 2 in Solana, which will download many solar transactions in a side chain, thus reducing the load on the main network.
In addition, $ Solx will process lot transactions instead of one. As is the case in conventional banking, batches processing will reduce the cost required by transaction, which means that Solana will become even more affordable than is currently.
If you want to join the tribe, buy $ Solx now for only $ 0.00174 each. However, hurry up, because the presale is in its last stage and will close in a couple of weeks.
3. Comedian ($ Ban) – The controversial work of art obtains its own meme currency
The comedian ($ Ban) is a low capitalization coin based on the infamous work of art of the Italian virtual artist Maurizio Cattelan.
The art work, which could definitely have seen floating on social networks, presents a banana attached to a wall. Yes, that’s all!
It is not necessary to say that this very ‘bold’ exhibition of artistic caliber attracted in many negative comments, especially of lovers of contemporary art of the old school that involved a lot of thought, skill and, Oh, brushstrokes.
Permissible or not, the mere controversy that surrounds art was enough for cryptographic Degens to push the token $ ban to conventional popularity.
With life profits of more than 100,000%, $ Ban is currently one of the main tendency crypts. Has It jumped more than 30% during the past monthAnd you can get a $ ban for only $ 0.06572 at this time.
Sweet profits, but spicy market
Pre -sale crypts supported by utility as Pepe’s mind ($ minds) and Abrexy ($ Solx) In fact, you can offer you unique opportunities to become millionaire crypto.
However, the fact is that the encryption market is highly volatile and unpredictable. There are no guaranteed returns!
Then, always jump with a small amount and do your own research before investing. This article is not financial advice.