American dollar billionaire Mark Cuban spoke to the American CNBC channel last Wednesday. According to the famous billionaire, this is altcoin It will rise much stronger following its rise. Here is the altcoin that Cuban expects a strong rise.
Speaking to CNBC last Wednesday, Mark Cuban said: Ethereum (ETH) shared their comments about A few-week high of $4000 is not far off for ETH, according to Cuban.
The leading unit of the cryptocurrency world bitcoin (BTC) caught a very strong uptrend in recent days and continued to rise. Ethereum (ETH), the second largest unit of the cryptocurrency world, continues to follow this upward movement and is trying to catch a bullish line. Ethereum continued to trade at $3,838, rising 5.46% according to the source’s data, with a total market cap of $452 billion. The current value of ETH was at $ 3759 at the time of this news.
Ethereum managed to surpass the $3800 value for the first time in about six weeks. As it will be remembered, ETH was consolidated at the $3300 level for a long time, but now ETH seems to be trying to make its next move towards the $4000 level.
Ethereum has been showing a stable picture lately, trying to keep its value away from the support level and close to the resistance level. On the other hand, it continues to gain strength by keeping its total supply in the market limited. On the other hand, large investors in centralized exchanges started to send their ETH towards cold wallets. ETH 2.0 deposit contracts contain more than 8 million ETH in total.
Total value in the ETH 2.0 deposit contract almost at 8 Million ETH. 👀 pic.twitter.com/mNx9DhLBn5
— Documenting Ethereum 🦇🔊 (@DocumentEther) October 11, 2021
Mark Cuban: Ethereum “Upward!”
Speaking to CNBC on Wednesday, October 13, Mark Cuban stated that he is more optimistic about the future of Ethereum. Cuban offers newbies to investing in the crypto space. cryptocurrency When asked if he would recommend his unit, he named it Ethereum (ETH). “As an investment, I think Ethereum has the most upside,” he added.
According to Cuban, the closest crypto asset to real currency is ETH. He added that the Ethereum ecosystem has “shone like a star” this year amid strong demand for decentralized finance (DeFi) and NFTs.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.