After holding steady above $2000, Ethereum (ETH) has increased by 40% over the past month following Trump’s victory and the post-elections market-wide rally. With Ethereum climbing back to $3000, the crypto community is speculating about whether ETH could finally hit its $5000 mark.
Meanwhile, a new altcoin, JetBolt (JBOLT) is drawing attention among crypto enthusiasts and whales with its groundbreaking presale success, selling over 100 million tokens. This project boasts revolutionary features, including zero-gas technology, and an AI-powered utility that helps keep its users in the loop with market news and insights.
Read on to see how ETH could hit $5000, and discover why the JetBolt surge continues.
Trading at $3,444.06 today, Ethereum (ETH) rose by 6.71% over the past week and has managed to get back to $3400 after experiencing a slight dip to $2900 this month.
Crypto enthusiasts attribute ETH's recent surge to Donald Trump's victory in the U.S. presidential elections, as Trump projected a pro-crypto stance during his campaign. The win is also being cited as a key factor that has led to the current broader market rally.
While ETH hovers above $3400, analysts are now speculating if the second largest cryptocurrency could eventually hit $5000. With key resistance levels around $3,350 to $3,420, and support found near $3,320 and $3,285 today, Ethereum must hold above $3,500 to maintain alignment with its price goal.
Although the $3000 mark signifies a strong demand zone, ETH has to pass key milestones including $4,200 and its all-time high near $4,867 in order for it to reach $5000.
While Ethereum is aiming to hit $5000, JetBolt (JBOLT), a new altcoin player, is sparking interest among the crypto community with its massive presale success and innovative zero-gas technology.
Leveraging the Skale Network, JetBolt introduces zero-gas tokens which eliminate the gas fees commonly required during blockchain interactions. By removing gas fees, JetBolt offers a practical and user-friendly platform for DeFi, SocialFi, and Web3 projects.
JetBolt utilizes cutting-edge AI-driven tools to deliver market news and insights, ensuring platform users are updated on the latest developments in the fast-paced world of cryptocurrency.
In addition to these revolutionary features, JetBolt simplifies the staking process, allowing token holders to earn rewards. Through its clever social staking model, users can unlock additional incentives by engaging socially on the platform, reshaping traditional staking into an interactive and rewarding experience.
Early adopters can also enjoy exclusive benefits, including up to 25% bonus tokens on bulk purchases through Alpha Box packages. With JetBolt's price increasing daily during its presale, crypto enthusiasts and whales are encouraged to join the JetBolt ecosystem before the next price rise.
With Ethereum’s recently climbing back to $3400, the crypto community is abuzz and speculating about whether the second largest cryptocurrency could potentially hit $5,000. With key resistance levels around $3,350 to $3,420, ETH must maintain its price above $3500 in order to surpass key milestones and keep aligned with its $5000 milestone.
Meanwhile, the new altcoin JetBolt has attracted significant attention with its zero-gas technology and other revolutionary features, providing a glimpse into the future of blockchain innovation.
Learn more about JetBolt and its presale details here:
JetBolt Website: https://jetbolt.io/
X/Twitter Page: https://x.com/jetboltofficial
Telegram Channel: https://t.me/jetboltcoin
This article is not financial advice. Cryptocurrency purchases carry risks and volatility. Do your own research before making any cryptocurrency decisions.
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