Ethereum punta a $20K: il 2025 sarà finalmente l’anno di ETH?

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The price of Ethereum has dipped again after experiencing a drop exceeding 11% in the last week. Additionally, the network is dealing with inflationary pressures as the supply of ETH has returned to levels prior to the “Merge” update (which occurred in September 2022), due to low demand.

In this context, on the other hand, the Ethereum bulls remain optimistic and confident that the asset will reach a new historical peak this year.

On a post by Mr. Crypto on January 12th, the cryptocurrency trader declared that he is amassing ETH because he believes it is about to “take off”. The analyst shared a chart from the previous year, showing surprisingly similar patterns that preceded a significant upward movement.

Fornitura deflazionistica in fase di conclusione

As a researcher studying cryptocurrencies, I recently shared a similar graph on my platform and asked my 698,000 followers: “Would you be surprised if ETH reached $20,000 during this cycle?

Additionally, YouTube influencer Crypto Rover has stated: “This breakout will propel Ethereum to $8,000,” while analyst Crypto Caesar has claimed this is the right time for the ETH/BTC ratio to bounce back, renewing predictions for the altseason.

Currently, the ratio that measures the price of Ethereum in terms of Bitcoin is at its lowest in the last three years, sitting at approximately 0.034.

There’s a worry about Ethereum network returning to an inflationary state starting from April 2024, with the current supply having increased by 0.35% over the past nine months, amounting to around 120.4 million units.)

According to ITC founder Benjamin Cowen, the Ethereum offer is likely to reach its pre-upgrade level within the coming weeks. Currently, the supply is increasing by approximately 45,000 ETH monthly, but it’s still 32,000 ETH shy of the previous supply before The Merge. However, demand has remained so low that Ethereum’s supply has been inflated for around the last ten months.

During the timeframe of The Merge in late 2022, it was anticipated that Ethereum’s commission burn through EIP-1559 would surpass production. This was indeed true until April 2024, when the supply decreased by nearly 0.4%.

Prospettive per il prezzo di ETH: Un momento cruciale 

Over the weekend, Ethereum showed a certain stability but plunged below $3,200 at the start of Monday, 13th January, following the overall cryptocurrency market trend. This drop has highlighted a concerning downward trend among investors, as the price of ETH has decreased by nearly 15% compared to its annual high of around $3,700, which it reached about a week ago.

Since then, Ethereum appears to be entering a period of stabilization, holding at its current levels for five consecutive days. This phase suggests uncertainty as the market is seeking balance between upward and downward movements.

However, if ETH fails to sustain these levels of support, it might become susceptible to further decline, risking falling below the psychological threshold of $3,000, paving the way for a potential broader price crash.

Analysts note that Ethereum’s ability to hold its ground within this range will be crucial in determining its future direction. If the demand for ETH doesn’t pick up and selling pressure continues, there’s a real risk of a significant drop.

If this level of support holds, the cryptocurrency may have a chance to regain ground and start a new cycle of growth. The key for investors will be closely watching the progression of this consolidation phase, as any significant move above $3,200 could signal a recovery, while a drop below $3,000 might generate further market pessimism.

La prevendita di Meme Index supera i 2 milioni di dollari

Recently, everyone seems eager to get their hands on the latest meme coins as well, a trend clearly evidenced by the explosive growth of the market throughout 2024.

In recent times, there’s been a growing interest in investing in new meme cryptocurrencies, with the market’s surge in 2024 being a testament to this trend.

As a crypto enthusiast, I’ve recently come across the Meme Index platform, a decentralized solution simplifying investments in meme coins with a community-governed approach. The pre-sale of their native ERC-20 token, $MEMEX, has surpassed the 2 million dollar mark, granting exclusive access to four carefully crafted investment portfolios by the development team. Let’s dive into the details!

The first one is the Titan Index, designed for investors who prioritize stability and include “maximum weights” such as Dogecoin and Shiba Inu. Coins similar to these already proven successful and boast large communities. Essentially, the Titan Index can be considered a high-quality meme coin portfolio.

With the Moonshot Index, those seeking moderate return potential can find it. It focuses on emerging tokens that may soon explode in value. The MidCap Index offers a higher risk, leading to the Frenzy Index, rich with speculative tokens that could either explode or crash, intended for adrenaline enthusiasts.

Essentially, the Meme Indexes provide a diverse exposure to meme cryptocurrency markets and ask investors to define their risk tolerance and return expectations, so they can choose an index that aligns with their strategy.

The $MEMEX token fuels the Meme Index ecosystem as it grants access to various baskets and unlocks benefits such as passive rewards and governance rights. Owners of these tokens, therefore, have a direct say in how the project evolves over time, including which tokens will be added weekly.

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2025-01-13 17:42