Pentoshi, one of the prominent analysts in crypto money markets, his latest assessments, Ethereum $2,627.60He points out that he may experience an exciting rise in the near future. Pentoshi, Ethereum for the target of $ 3,200 as a target, while new summits are also possible, he said.
Ethereum (ETH)
According to Pentoshi’s assessments, with the acceleration of the purchases of public companies, it is possible to see a demand that will balance all the amount of ETH produced since Ethereum’s Merge update. Bitcoin $109,122.26Pointing out that Ethereum is one -in -nine -to -nine compared to the market value of the market, the analyst underlines that less capital and price can be moved. The new capital to be introduced to the market may lead to remarkable price movements in Ethereum.
Pentoshi, who avoided giving a clear date on the price target, emphasized the importance of the upward potential is still high and the importance of investors’ current situation. Analyst argues that with the clarification of market dynamics, Ethereum’s potential may be more visible.
Pentoshi said: uz You can see that the story around Ethereum has changed. In a few weeks, public companies will have made enough purchases to balance all ETH produced since Merge. The capital, which has started to flow to ETH, can trigger significant price movements. ”
Ethereum ecosystem
Tom Lee from Fundstrat, another important actor in the crypto currency industry, said Ethereum will re -revive with the increase in the use of stablecoin. Describing the United States government’s approach to stablecoins will play a decisive role in this process, Lee said that stablecoins such as USDC were built on Ethereum and that the growth in the stablecoin market could be positively reflected to Ethereum.
Tom Lee: “Stablecoins are encouraged by the US government. Circle (USDC) is working on Ethereum. I believe that the importance of Ethereum will increase with the rise of stablecoins.”
According to fashion show data, the total market value of Ethereum -based stablecoins reached 126.5 billion dollars. In the last seven days, this value has increased by 431 million dollars. These data show that the flow of capital in Ethereum has started to accelerate.
Ethereum ecosystem has recently attracted attention with the increasing interest of stablecoins and corporate companies. This increases the expectation of growth and price mobility in the ecosystem. However, due to the volatility of digital asset markets, it is recommended to be careful in investment decisions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.