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Ethereum Eyes $3,600, Pepe Slips 15%

Ethereum Eyes $3,600, Pepe Slips 15%

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by Giorgi Kostiuk

a day ago


Crypto traders face a choice: seize quick profits or wait for the next 1000x opportunity. Ethereum shows signs of trend reversal while Pepe faces challenges.

Ethereum Forecasts and Whale Activity

Ethereum (ETH) recently pulled back to $2,530 after struggling to break the $2,800 resistance level. Nevertheless, whales continue to accumulate ETH, indicating strong confidence in its future. One whale purchased over $2.5 billion worth of ETH in just two days, suggesting the recent dip may present a buying opportunity.

Pepe's Slump and Whale Movements

Pepe (PEPE), a popular meme coin, is currently facing potential for a 15% drop. After a sharp 11% dip, large holders have begun liquidating their positions. One whale offloaded 502.5 billion PEPE, worth over $6.4 million, signaling a shift in sentiment. Current metrics show a drop in trading volume by 15%, confirming an increase in whale activity.

Web3 ai: Potential and Competitive Edge

The Web3 ai project is making waves with a $777,000 giveaway, but the true value lies in the $WAI token itself. Unlike speculative coins, $WAI is designed for practical use in AI-driven tools relevant in the crypto space. Since the start of its presale, Web3 ai has raised over $7.1 million.

The market for Ethereum and Pepe showcases different scenarios where Ethereum could show growth while Pepe risks decline. The Web3 ai project also holds significant potential, making it an interesting topic for the coming days.

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