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Navigating the crypto world is a daunting challenge owing to those confusing technical concepts, isn’t it?
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Here is Ethereum Price If It Captures the Total Bitcoin Market Cap
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860994091727565157 – BTC Wires
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Here is Ethereum Price If It Captures the Total Bitcoin Market Cap
Published
1 min agoon
September 29, 2024By
adminEthereum, the second-largest cryptocurrency by market capitalization, has long been considered Bitcoin’s closest competitor. While Bitcoin’s dominance still overshadows Ethereum, crypto investors often speculate about ETH’s potential growth if it chases the total BTC market cap. But is it possible?
Ethereum Price Projection if it Matches Bitcoin’s Market Cap
As of September 29th, the ETH price trades at $2643 and holds a market cap of $318.2 Million. Although it has significant value and widespread utility in decentralized Finance (DeFi), NFTs and the ETH’s market cap is considerably lower than Bitcoin, which currently stands at $1.298 trillion.
However, with the transition to Proof-of-stake, increasing institutional adoption, and substantial inflow to ETH ETFs, the Ethereum price is anticipated to accelerate recovery, making it a prime candidate to challenge Bitcoin’s market dominance someday.
If Ethereum were to match BTC’s market cap of $1.298 Trillion, the native cryptocurrency ETH would witness a dramatic rise. Considering Ethereum’s circulating supply of 120,366,230 ETH, the $1.298T target market cap would push the Ether value to approximately $10,785.
The potential surge indicates a 309% hike from the current trading price of $2643.
Vitalik Buterin Outlines Key Principles to Drive Ethereum’s Growth
Vitalik Buterin, the co-founder of Ethereum, has recently outlined a set of guiding principles to ensure alignment within the Ethereum ecosystem. His proposals emphasize open-source development, open standards, and prioritizing decentralization and security. He also highlighted the need for collaboration and alignment toward Ethereum’s goals and the broader global blockchain community.
My ideal goal here is to see more entities like L2beat emerging to track how well individual projects are meeting the above criteria, Buterin added in his blog.
These developments, once implemented, would further enhance Ethereum’s appeal in the crypto space, bolstering its potential to match Bitcoin’s Market Cap.
ETH Price is 20% From Major Support Test
Along with most major altcoins, Ether price showcased a notable correction since late May 2024. The bearish turnaround plunged the asset from $3974 to $2649, accounting for a 33% loss.
If the selling pressure mounts, the Ethereum price prediction hints a 18.7% drop before retesting the major support trendline intact on June 22. Historically a potential reversal from this dynamic support has doubled the altcoin value, indicating a key accumulation zone.
Conclusion:
Ethereum has the potential to match Bitcoin’s market cap due to its active expansion in the Defi ecosystem and increasing intentional investment. If ETH’s market cap reached $1.298 Trillion, the coin value would rise to approximately $10,785.
Frequently Asked Questions (FAQs)
If Ethereum matched Bitcoin’s market cap of $1.298 trillion, the price of ETH would rise to approximately $10,785
If selling pressure continues, Ethereum is 18.7% away from retesting its major support trendline established on June 22.
Ethereum’s price growth could be driven by factors such as the transition to Proof-of-Stake, increased institutional adoption, inflows into ETH ETFs, and the overall expansion of its utility in DeFi and NFTs.
Sahil Mahadik
Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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‘Captain Tsubasa: Rivals’ Telegram Tips Guide : How to Earn the Most Balls Ahead of the Airdrop
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42 mins agoon
September 29, 2024By
adminCaptain Tsubasa: Rivals is a hot new tap-to-earn game on Telegram, and with the license of a major soccer-themed anime brand behind it, a ton of players have signed up to play already. With some kind of TON-based airdrop coming in the future, the race is once again on to collect as much in-game currency as you can to boost any potential future payouts.
Of course, you can tap to earn balls (aka coins or points in other tap games), but like most of these games, the real way to increase your ball count is to buy upgrades, take part in the daily challenges, and complete some bonus tasks.
If you want to maximize your time ahead of the eventual airdrop, these tips will help you get the most balls as quickly as possible in Captain Tsubasa: Rivals on Telegram.
Expand your team
Captain Tsubasa Rivals is, effectively, a Hamster Kombat clone. But, the one thing it has going for it is that instead of buying random, crypto-related upgrades for your imaginary exchange, you can acquire and upgrade new players for your soccer team—a twist that’s quite fun.
It makes thematic sense, but what’s even better is that these players actually bring in a lot of passive income, even as you increase their levels. We’ve focused on getting as many players as possible, and now have a good amount of passive income coming in each day. Tapping barely seems worth it once you’ve juiced your passive income rate.
Do the daily combo—if you can
Captain Tsubasa’s daily combo functions just like the Hamster Kombat one: Each day, three upgrades out of the entire selection are picked to make up the combo, and if you upgrade or buy them all on that day, then you’ll net a huge ball bonus. In other words, you’ll get a massive in-game payout just for improving your team… which also boosts your passive income going forward.
Looking for the daily combo? Captain Tsubasa: Rivals won’t tell you, but we will—we’ve launched a daily combo guide for the game that we will be updating daily for the foreseeable future.
The caveat here is that some upgrades are locked behind referral goals, so if you don’t have any friends, then you might not be able to complete every combo. So do the ones you can, and don’t sweat about the ones you can’t.
Change the player you tap on
As far as we can tell, this is purely a cosmetic change and offers absolutely no gameplay advantage at all—so perhaps it’s debatable to call this a tip. However, you can change the player that you tap on by using the change button on the home page.
When you tap that button, you’ll be presented with a list of all the players you have unlocked so far, and can select one of them to become your player on the main screen instead of Tsubasa. It’s a purely cosmetic change, but I’ve found that changing it daily has kept things a little fresher than other games, where the home screen could look identical for months.
Ignore the tap increases
Like a lot of tap games, tapping isn’t all that profitable compared to boosting your passive income—and in Captain Tsubasa, the numbers very quickly don’t add up. You could spend some balls to upgrade how many you get for each tap via the multitap boost, and how many times you can tap in one sitting… or you could invest the same amount in a player or team upgrade and earn way more balls passively over time.
Even in the early game, the cost of one of those upgrades will easily pay for itself in little time, saving you the time and hassle of repetitively tapping your phone screen. Look, play however you please, but this move is all about efficiency.
Do the freebie tasks
A bit of a cheeky one here, but if you want a one-time influx of free balls, there’s a big list of social media-related tasks that give your rewards… but you don’t actually have to do a lot of them.
All the tasks that ask you to do something on Twitter (aka X) don’t actually verify whether you’ve done it. That means that you can click on the button for the task, which opens the Twitter app, then simply head back to Telegram and claim the reward. It’s free balls for a little bit of app-switching hassle.
You’ll need friends
While not as egregious as some other tap games, Captain Tsubasa: Rivals does lock some upgrade options behind referral totals, meaning if you don’t have some pals to invite to the game, then you won’t be able to unlock certain upgrades and players.
It’s not a major issue, as there’s still a good amount of upgrades you can access—but if you want to maximize your ball count, then you’ll need to coax at least a few friends into the game to help you unlock some of the key pieces for your soccer dynasty.
Edited by Andrew Hayward
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Rollblock presale raises $4M at $0.03, with analysts predicting a 200x surge in 2024, challenging XRP and Solana.
Currently in its sixth round of presale, Rollblock is generating waves in the crypto scene, selling at only $0.03 and thus far collecting about $4 million. Positioned as a formidable rival against giants like XRP and Solana (SOL), experts are forecasting this creative project to soar 200x in 2024.
Rollblock’s special qualities might enable it to rule the next cycle as its crypto presale booms and a possible bull market is about to dawn. Let’s study why this potential star could surpass more seasoned players in the coming year.
XRP set to soar: Could October 2024 ignite the next bull market?
Ripple’s XRP has recently stabilized within the $0.58-$0.59 range, momentarily surpassing $0.60 on September 21, indicating a 9% increase in the past two weeks. The US Federal Reserve’s decision to reduce interest rates by 0.5% and Grayscale’s introduction of a dedicated Ripple Trust were the primary factors driving this rally. Some analysts contend that XRP has not yet experienced a genuine bull market, and the Ripple v. SEC lawsuit resolution is a potential positive catalyst.
Crypto analyst JackTheRippler predicts XRP could hit a new all-time high in October 2024, while EGRAG CRYPTO suggests the token could even soar to $5.50 or $13 in the next few years, if a full bull market materializes.
Solana’s whale moves: Will profit-taking stall the bull run?
A Solana whale recently unstaked and transferred 100,000 SOL tokens to Binance, marking the second such transfer in just three days. This move likely aims to capitalize on Solana’s price rally, which has seen a 9% increase over the past week, currently trading at $151.88. However, if the whale continues liquidating holdings, it could apply downward pressure on SOL’s price, similar to the June-July selloff that caused a major drop.
Despite the whale’s activity, Solana remains in a bullish trend. Indicators like the Parabolic SAR and Chaikin Money Flow (CMF) reflect strong buying pressure, suggesting that Solana could maintain its upward momentum in this bull market.
Rollblock’s meteoric crypto presale: Is it poised to outshine XRP and Solana in 2024?
Rollblock is making waves in the crypto presale arena, currently in its 7th stage and already raising over $4 million. Setting Rollblock apart from traditional casinos is its commitment to better liquidity, ensuring players can enjoy seamless transactions. Some exclusive games require RBLK for entry, too, creating increased demand for the token. It’s a unique model designed to attract both casual gamers and serious investors, positioning Rollblock as a serious contender in the market.
Accessibility is another key factor driving Rollblock’s success. With no additional downloads or installations required, players can jump straight into the action. The platform’s revenue share model ensures that token holders benefit as the casino thrives, creating a favorable situation for everyone involved. Plus, players can easily exchange RBLK for other cryptocurrencies or fiat, enhancing its utility.
Competitive odds further entice players, making Rollblock an attractive option compared to other casinos. Adherence to legal standards ensures player security, providing a level of trust that many online gaming platforms struggle to maintain.
With these unique features and a growing user base, Rollblock’s crypto presale is positioned to disrupt the market. Can it outpace established players like XRP and Solana? Only time will tell.
For more information, visit the Rollblock presale website or join the online community.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
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