Ethereum's Untapped Potential: Is Now the Time to Invest Below $3,500?

19.01.2025 92 times read 0 Comments

Should You Buy Ethereum While It's Under $3,500?

The Motley Fool explores the potential of investing in Ethereum as its price hovers around $3,333. The article highlights that despite recent volatility with prices ranging from $2,220 to $4,070 over the past year, Ethereum remains a strong contender in the cryptocurrency market due to its utility in smart contracts and decentralized applications. With more than 300 million active addresses and significant upgrades on the horizon aimed at reducing transaction fees and enhancing security, investors are encouraged to consider this crypto for long-term gains.

Donald Trump Launches His Own $TRUMP Meme Coin

According to Bankrate.com, Donald Trump's new meme coin named "$TRUMP" has made waves by reaching a value of over $33 shortly after launch before settling at approximately $25 per token. Built on the Solana network with a supply cap of one billion tokens, nearly 80% is held by affiliates like CIC Digital under a three-year unlocking schedule. This move aligns with Trump's newfound support for cryptocurrencies during his presidential campaign where he accepted Bitcoin donations and advocated for national stockpile strategies.

XRP Among Top Picks For Inauguration Day Rally

The Crypto Times reports that XRP was voted as likely to gain significantly during Donald Trump's inauguration day rally alongside Bitcoin and Dogecoin according to reader polls. Despite being down slightly last month, Bitcoin saw an annual increase of 145%, while Dogecoin rose by 414%. Speculation surrounding Ripple's meetings with Trump executives further fueled interest in XRP, which surged by 478% over the past year amidst expectations of favorable policies towards crypto assets under Trump's administration.

XRP Prices Surge Over Strategic Reserve Plans Leak

An IBTimes UK report reveals that XRP experienced a surge exceeding 30% following leaks about President-elect Donald Trump's "America-first strategic reserve" plans prioritizing cryptos such as Ripple’s XRP for cross-border payments facilitation. Meeting resistance levels at £8.20 ($10) predicted for future growth were bolstered by optimism regarding SEC lawsuit resolutions favoring pro-crypto officials potentially appointed within Trump's team leading to regulatory changes beneficially impacting Ripple's standing.

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