Ethereum Price Prediction As 21Shares Says ETH Is Amazon of The 1990s And This Crypto Casino ICO Heads For $1 Million
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The
Ethereum
price
edged
up
a
fraction
of
a
percent
in
the
last
24
hours
to
trade
at
$2,472
as
of
03:29
a.m.
EST
on
trading
volume
that
surged
19%
to
$14.65
billion.
This
comes
as
21Shares
tells
CoinTelegraph
that
Ethereum
has
the
same
exponential
potential
as
retail
titan
Amazon
did
in
the
1990s
before
it
became
a
$2
trillion
colossus.
The
fund
manager
said
Ethereum
could
also
surprise
investors
with
new
“revolutionary
use
cases”
that
have
not
yet
been
discovered.
Ethereum
Price
Aims
For
A
Sustained
Rally
The
Ethereum
price
has
been
trading
on
an
ascending
triangle
pattern
since
August,
as
the
bulls
encountered
resistance
within
the
$2,725
level,
according
to
data
from
GeckoTerminal.
However,
the
price
still
remains
below
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
with
the
50-day
SMA
acting
as
the
immediate
resistance
at
$2,527.
The
Relative
Strength
Index
(RSI)
is
moving
within
the
neutral
zone
at
45,
which
shows
that
ETH
price
is
currently
in
equilibrium,
with
a
potential
to
soar.
If
the
bulls
sustain
the
bullish
trend
within
the
triangle,
the
price
of
Ethereum
could
continue
soaring,
as
the
bulls
target
prices
above
$3,200
in
the
long
term.
Conversely,
if
the
price
drops
below
the
triangle,
the
$2,250
acts
as
the
next
possible
support
level.
Meanwhile,
investors
looking
for
the
crypto
GambleFi
equivalent
of
Ethereum
might
take
a
look
at
a
new
crypto
casino
project
called
Memebet
Casino
(MEMEBET
Token).
YouTube
channel
Cryptonews,
with
over
10k
subscribers,
says
that
$MEMEBET
Token
could
soar
100x
after
it
launches.
Memebet
Token
Surpasses
$563K
–
Best
Crypto
To
Buy
Now?
Memebet
Casino
is
a
breakthrough
project
that
is
the
first
platform
to
allow
meme
coins
to
be
used
for
wagering.
The
platform
features
a
variety
of
casino
games,
meme
coin
betting
options,
high-stakes
play,
and
a
sportsbook
where
users
can
bet
using
Dogecoin
($DOGE),
Shiba
Inu
($SHIB),
Pepe
($PEPE),
Bonk
($BONK)
and
Floki
($FLOKI).
And
the
team
has
hinted
at
a
major
expansion
to
the
meme
coin
roster.
Not
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casino
we
deserve
but
the
casino
we
need
????
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????
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and
more!
????????
$COIN
$DOG
$PEPE
#SOL
#RNDR
pic.twitter.com/oR2xja6JFK—
MemeBet
(@Memebetcasino)
May
23,
2024
By
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MEMEBET
Token
itself,
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can
unlock
massive
P2E
airdrop
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rewards,
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Players
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using
$MEMEBET
Token
earn
additional
rewards
through
the
platform’s
play-to-earn
system.
To
join
the
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you
can
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$MEMEBET
Token
on
the
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website
here
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Related
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Most
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