Etheruem gradually losing the power it gained against Bitcoin and the price decline led investors in the cryptocurrency market to Ethereum alternative coins.
Despite the recent events in the cryptocurrency market, there is movement in the opposite direction than expected in Ethereum, the second largest cryptocurrency. While many events such as network updates, negative inflation, and spot Bitcoin ETF application approvals should have supported the ETH price, the cryptocurrency fell.
Ethereum price has fallen around 13 percent since January 12 from $2,719. ETH, which fell below a critical support level of $ 2,400, upset its investors. According to CoinGecko data, although the ETH price has gained 36.6 percent in value in the last year, it has decreased by 5.5 percent in the last 14 days.
It was stated that the main reason for Ethereum’s decline was general market conditions. Analysts suggested that the Ethereum price dropped due to negativity in market sentiment.
Leading market experts do not seem optimistic about ETH’s short- and medium-term price performance. For example, it is noteworthy that an expert named Limbo mentions that there is a short selling opportunity in closings below $ 2,400.
Market Profit, on the other hand, suggests that ETF approvals and developments in the network will have a positive impact in the long term, but the visibility for ETH has fallen to zero in the short term. According to CoinGecko data, as of the time this article was written, ETH is trading at $ 2,227.
Ethereum Alternative eTukTuk Gains Attention from Crypto Community
eTukTuk, which aims to reduce carbon emissions, eliminate health problems caused by CO2 and increase the welfare of people in developing countries, attracts the attention of crypto enthusiasts.
Acting with the slogan of green artificial intelligence revolution, eTukTuk offers an electric charging infrastructure supported by blockchain technology. Native token of the platform Buying eTukTuk tokens The project, which meets with willing participants, aims to reduce the number of 270 million internal combustion engines worldwide.
In the project that combines the power of artificial intelligence and blockchain technology, TUK token reduces traffic, minimizes fuel consumption and promotes sustainable transportation. TUK token, which supports green transportation through artificial intelligence research, is positioned as a reliable and environmentally friendly crypto that reduces waste.
Environmentally Friendly Crypto eTukTuk Exceeds 500 Thousand Dollars
The eTukTuk project, which powers the future of transportation, is appreciated by visionary investors who are interested in environmentally friendly projects. At discounted prices Buying eTukTuk tokens Investors who want to participate in the pre-sale event.
The funds collected in the pre-sale of the eTukTuk token, which is also at the center of the project’s Play-Win themed Crazy TukTuk game, are increasing rapidly. As of the time this article was written, it seems that the purchases made by early stage investors amount to 550 thousand dollars.
TUK token, the cryptocurrency used in the Play-Win themed game, promises its participants a fast taxi game on the streets of Sri Lanka. Participants can take actions such as upgrading their eTukTuk by using TUK tokens.
The eTukTuk token project also includes staking rewards. Developed to encourage participants, staking rewards offer the opportunity to earn passive income. It is noteworthy that the number of TUK tokens staked so far has exceeded 12 million.
According to the staking panel, the annual return percentage sits in the 385 percent band. Participants are rewarded with 4.75 TUK tokens per BSC block. The TUK token is also planned to create a payment layer network alongside fiat transactions and facilitate entry into the eTukTuk ecosystem for those without a bank account.
How to Buy eTukTuk Token?
Built on the BNB Smart Chain, eTukTuk token appears as a cryptocurrency that complies with the BEP-20 protocol. TUK token has a total supply of 2 billion units, and 200 million TUK tokens, corresponding to 10 percent of this supply, are allocated for pre-sale.
Becoming an early stage investor and Buying eTukTuk tokens Crypto enthusiasts who wish can participate in the discounted pre-sale event. A gradual price increase policy is applied in the TUK token pre-sale and there are 26 stages in total.
In the first stage, the TUK token price meets investors at $ 0.024. When it comes to the final stage, the eTukTuk token price increases to $0.033. The project team aims to raise funds of 5 million 693 thousand dollars in the pre-sale event.
The TUK token presale event is progressing in its eighth phase as of this writing. At this stage, investors can purchase 1 TUK token by paying $0.026. The eTukTuk token price is planned to be increased to $0.02625 in the next stage.
TUK token, which powers the eTukTuk ecosystem and allows investors to both protect the environment and earn profits, awaits its investors as the crypto of the future. Participants who want to purchase TUK tokens can take part in the discounted pre-sale event using BNB, USDT, ETH and card transactions.
Participants who purchase TUK tokens can start benefiting from the staking feature without wasting time. In this way, TUK token holders take their place in the staking pool and can benefit from the staking mechanism to earn rewards.
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