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Ethereum (ETH) price rose above the $3,850 region on May 26. Thus, it sparked hopes that it would rise in the coming weeks. According to some crypto commentators, ETH has the potential to reach $5,000 by the end of June. According to an article published on the FX Empire site on June 6, there are some indicators on this subject.
The article takes a look at new data from CoinShares. This data reveals a significant increase in institutional investment in Ethereum. Last week saw $33.5 million inflows into ETH-based products. This marks the second consecutive week of positive flows to the network.
From a technical perspective, it is stated that the Ether price has formed a bull pennant pattern after a sharp upward movement. This could increase the potential for a breakout in mid-June. Additionally, it is stated that Ethereum investors are increasingly withdrawing their Ether assets from crypto exchanges. This change may be a clear indicator of increased HODL sensitivity.
While Ethereum movements are closely followed, 3 coins in the Ethereum network are on the radar of investors. In the sponsored article, the details of these projects are conveyed.
PlayDoge (PLAY)- New Dog Coin Approaching 4 Million in Pre-Sale
According to the sponsored content poster, purchasing PlayDoge tokens brings a revival of gaming nostalgia, especially for the generation that grew up in the 90s. Tamagotchi was a small handheld gaming device that allowed users to take care of a digital pet. It quickly gained popularity after its release, selling more than 82 million units in a short time.
PlayDoge strives to deliver the nostalgic atmosphere of this iconic Tamagotchi game. It uses contemporary gaming technology that encourages players to participate financially with PLAY tokens. Although the PlayDoge game ecosystem has not yet become active, the development phase has begun.
PlayDoge has just added ETH staking for pre-sale. This means staking is now offered on both BNB and ETH chains. This also means that the token will now be distributed on both ETH and BNB and will become multi-chain. BNB will be used for the play-to-earn (P2E) gaming ecosystem. It will remain the primary chain for the PLAY token. Due to different staking contracts, APY (annual rewards) may vary depending on the chain and the amount staked.
WienerAI (WAI) – Trading/Trading Bot Powered by Artificial Intelligence
Purchasing WienerAI tokens offers investing in a platform that will have artificial intelligence support and user-friendly interface. The team presents the project as a full-scale investment companion that can scan the market at any time and find the most suitable opportunities for investors. This may be possible thanks to advanced forecasting technology.
WienerAI (WAI) has already managed to attract attention in the meme coin market, although it is still in the pre-sale phase of its journey. However, the main reason why the project is so popular and eagerly awaited is not just the token but also the innovative technology that complements that token.
The team has created a new trading bot that is still under development. The developers of the project recently announced that the interface of this new AI bot is nearing completion. However, they have not announced the launch day yet. WAI token is currently selling for $0.000717. It can be purchased with ETH, USDT, BNB or credit/debit card.
Of course, time will tell how efficient the bot offered by WienerAI will be and whether it will be able to read the market and make predictions that will explain the high volatility in the crypto industry. However, based on what is known so far, it is claimed that it has a position that can change the rules of the game in the crypto industry.
Click to review WienerAI token from its official website.
Base Dawgz (DAWGZ) – New Meme Coin Offering Multi-Chain Experience
Purchasing Base Dawgz tokens offers the opportunity to invest in the new meme coin of the popular Base Network. However, it is said that the DAWGZ token will continue to exist on the Polygon, Avalanche, BNB Chain, Ethereum and Solana blockchains, as well as the Base Network.
The project encourages its community to share and promote the project on social media. By creating content such as memes or videos, community members will be able to earn points that can be redeemed for DAWGZ once the pre-sale is complete.
DAWGZ’s community-driven tokenomics strengthens the foundations of the project. It is also a positive feature to know that the development team does not take advantage of the coin pool and there are no private sales. ClayBro, a YouTuber with 130 thousand subscribers, made positive comments about the project on his own channel. According to him, Base Dawgz could be a coin with high potential.
DAWGZ token allocation is planned as follows: 20 percent each for pre-sale, staking and liquidity, 10 percent for exchange listings, and 15 percent for DAWGZ rewards and marketing. Additionally, the team wants to reward creative community members for sharing memes and other content. It is also planning a social media airdrop for this.
DAWGZ has also secured the freedom to exist in multiple blockchain ecosystems. DAWGZ may increase its price by 5 percent at each stage of its presale. With its share-to-earn concept, Base Dawgz aims to be a community-based token.
Click to review Base Dawgz token from its official website.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Source : WienerAI, Base Dawgz, Base Dawgz