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Ethereum’s Breakout Moment: Here’s Why ETH Could Skyrocket to $15,000 Soon

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Ethereum’s Breakout Moment: Here’s Why ETH Could Skyrocket to $15,000 Soon - NewsBTC

Quick Summary:

Moreover, real-world asset tokenization – a sector sparking interest in numerous institutional investors – is still largely dominated by Ethereum, CoinSignals mentioned.#ETH Blow Off Top Target : $12k – $15k 🚀 – Almost 30% of Supply is Staked.– No Daily Selling Pressure like BTC (450 BTC Day) – Deflationary Asset.– All Narratives Born on ETH.– Leader of RWA and Tokenization.

Our Recent Avg Buying Price : $2900 pic.twitter.com/S2HO3lrzR1 — Coin Signals (@CoinSignals_) July 29, 2024 Major players, such as BlackRock, are expressing interest in the tokenization market, specifically those platforms that lead initiatives, such as Ethereum.

Related Reading: Ethereum Open Interest Rises By $1.5 Billion – What This Means For instance, prominent crypto investor Elja has recently disclosed on X that ETH trading above $10,000 is “programmed” already for this cycle.


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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 03:30:04 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 80 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21847550

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 16 posts per day

Year Established: 2013

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News Last Updated: 13 hours ago

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