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Why The Recent Ethereum Price Gain is Set to Continue
Introduction For Ethereum, 2021 has been a year full of mixed fortunes. It all started with a huge bull run that saw its price hit over $4,200 during the first half of the year. This jump was later followed by a huge price correction resulting in price halving. Soon after, the market seems to be on a recovery journey. Every day, it is edging closer towards getting back to its all-time high in May. This time though, the market seems poised to get even higher. Several factors are supporting this gain and most of them will be key to sustaining in the future. High Inflation levels Inflation levels have been…
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Solana: The Ethereum competitor every investor should know about
Solana has become very popular recently mainly due to its price gains. Launched less than two years ago, Solana ranks among the top 10 cryptocurrencies in market valuation with a market cap of $52 billion. What is Solana and why is it growing in popularity? It is a decentralized network that uses the Proof of History (POH) and Proof of Stake (POS)concepts. These are some of the concepts that Ethereum has been using to run its network. The Proof of History and Proof of Stake is key in the development of Decentralized Finance (DeFI) applications and Non-Fungible Tokens (NFT) applications. Is There a Possibility of Ethereum Price Hitting $10,000 in…
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