There is an eager anticipation of a bullish season in the crypto market. It is especially evident as there is growing momentum in new and existing altcoins as they continue to provide real-world use cases.
Ethereum Price Prediction – What Does The Shanghai Upgrade Mean For ETH Price?
This post discusses the price of Ethereum after the upcoming Shanghai upgrade. It also features five tokens that you consider investing in 2023.
Despite the past year's drawdown, many investors are starting to enjoy marginal profits and expect that future bull runs will provide more gains. Considering the pioneer of all altcoins, Ethereum, they believe it will lead the charts in the upcoming bull run, thanks to specific market indicators.
This post shares more gist regarding Ethereum's price action. It also reveals five cryptos, Love Hate Inu, DeeLance, Metropoly, Ecoterra, and RobotEra, that are must-haves in your digital wallet to enjoy massive returns in 2023.
Ethereum Price Prediction: Can Shanghai Upgrade Have an Effect on ETH Price?
Apart from Bitcoin, Ethereum exerts dominance over other altcoins in the market. If there is a significant uptrend in its price action, several existing altcoins are sure to follow. Ethereum is trading around the $1900 price mark, its highest in the past six months.
However, a potential upgrade could make or mar Ethereum's price action. Ethereum developers have announced a Shanghai Upgrade, where all staked 16 million ETH will be available for withdrawal. This upgrade can lead to massive sell pressure, potentially slowing ETH's price down.
Nevertheless, crypto experts believe that the potential bearish price of ETH will lead to explosive price gains in the future. The coming quarter will be interesting for Ethereum as its community anticipates the Shanghai upgrade. Let’s consider the future price prediction of Ethereum.
Year ? |
Price of Ethereum?
2023?
$2,150?
2024?
$3,130?
2025?
$4,550?
2030?
$31,550?
Five Ethereum Alternatives Worth Considering in 2023
Ethereum is a top-performing altcoin and will continue to reach higher prices in the upcoming bull run. Apart from Ethereum, there are five new altcoins with impressive utilities worth considering in 2023. Interestingly, these cryptos are in their penny stages. You can fill your wallets with them to enjoy impressive yields in 2023.
1. Love Hate Inu (LHINU): World's First Vote-To-Earn Crypto Platform
Love Hate Inu is a meme coin with a difference, combining real-world value and fun. It will disrupt the multi-billion-dollar survey company by introducing a voting platform where users engage in hot trending topics worldwide and get paid in crypto.
Love Hate Inu utilizes blockchain technology by ensuring its tamper-proof and secure voting system provides complete anonymity for voters. The system requires you to stake its native tokens, LHINU, for at least 30 days to participate in the voting process.
Afterwards, you earn voting power and rewards. Love Hate Inu is definitely a meme coin worth putting on your investment radar, as it is set to provide the best gains in 2023 and beyond.
2. DeeLance (DLANCE): The Best Decentralized Freelancing Platform
If you are familiar with freelance platforms like Upwork, Fiverr, and others, DeeLance takes a similar route with apparent differences. DeeLance is a decentralized platform where freelancers meet with prospective clients for jobs and get paid in crypto. Thus, it is set to disrupt the freelance economy dominated by Upwork and Fiverr.
DeeLance charges a fair commission of 10% on its platform compared to traditional freelancing platforms’ 20%. Also, freelancers do not to pay additional charge when withdrawing their earnings. It also features an NFT marketplace and metaverse to give users more ways to earn and interact with their clients. Overall, DeeLance is a top-notch freelancing project you should not miss out on participating in 2023.
3. Metropoly (METRO): A Crypto That Makes Fractional Real-Estate Investments Possible
Suppose you are ready to invest in real estate without breaking the bank. In that case, you should consider Metropoly, a decentralized platform making fractional investments possible. By representing luxurious assets like hotels, resorts, and islands as NFTs, Metropoly splits them into fractional units so you can buy each for as low as $100.
Thus, you earn rental income when you lease your property for other users or sell it to make more money. Furthermore, Metropoly introduces its marketplace, where you can purchase these fractional NFTs with its native token, METRO, and earn passive income for life.
Interestingly, you can invest in its ongoing presale and stand a chance to get a luxurious apartment in Burj Khalifa with a yearly rental income of $100,000. Do not let this chance pass you by.
4. EcoTerra (ECOTERRA): An Eco-friendly Crypto with Recycle-To-Earn Capabilities
As the world continues to find measures to reduce carbon footprints, Ecoterra provides recycling solutions and incentivizes users with rewards. By implementing a recycle-to-earn feature in its ecosystem, users can scan and dispose of recyclable items properly and earn in ECOTERRA, its native token.
Furthermore, it introduces its mobile app to achieve this feature. It also features a carbon offset marketplace where individuals and companies can engage in projects to reduce their carbon footprint. Ecoterra is a platform ready to provide eco-friendly benefits and investment opportunities if you get involved in its early stages.
5. RobotEra (TARO): An Exciting New Metaverse Crypto
RobotEra is an excellent metaverse crypto that offers play-to-earn capabilities in its ecosystem. Based on a compelling story and the inclusion of the metaverse, it invites you to participate and explore its open virtual world. Then, you will use your creative imagination to rebuild and develop it to earn crypto rewards.
RobotEra offers multiple ways to earn as you actively engage in its ecosystem. You can create and sell digital assets, cultivate sacred trees, and stake your earned resources. Considering the past successes of metaverse cryptos like Sandbox, RobotEra will provide more earning opportunities to make more money for you and your loved ones.
Final Thoughts: Join The Best Crypto Presale of 2023
There are several investment opportunities in view in the crypto market that can provide impressive utilities and massive price pumps. This post has discussed Ethereum's price in anticipation of the Shanghai upgrade and subsequent years. Also, the five cryptos discussed in this guide are ready to provide viable utilities and long-term price gains in their communities.
Given all these promises, getting involved in these projects in their early stages is best. Interestingly, their presales allow you to get their tokens cheaply before they are listed in the market. The future of cryptocurrency is green. Ensure you do not miss out!
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