Ethereum’s Quiet Change: Why $3,000 is Nearer Than You Think
While everyone is focused on Bitcoins ups and downs Ethereum ($ETH ) is slowly taking over the market. The ETH/BTC pair has finally stopped dropping. Big investors are moving their money from BTC to ETH. We are seeing a lot of people buying ETH, which reminds me of when it was getting ready for a change.
Here are some important things to know:
* People are using DeFi more which means more ETH is being burned. This week the burn rate went up by 20%.
* Big investors like Grayscale and BlackRock are buying ETH.
* If ETH stays above $2,450 for a day it could reach $3,000.
I think ETH will do well. Ethereum is the foundation of the whole crypto world. Now betting against it is, like betting against the future of money.
Are you a fan of ETH or just waiting for it to go up? Let me know if you're holding! 🚀