Crypto Ethereum

Is It Too Late to Buy Ethereum? Is Arbitrum or These New Crypto Projects a Better Investment?

05/05/2023
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Is it too late to buy Ethereum? Ethereum, like many cryptocurrencies, experienced a difficult time during the crypto winter of 2022. However, it has since rebounded and shown an upward trajectory since the beginning of this year. 

While it experienced minor setbacks, including drops to the $1506 and $1399 levels in February and March, these pullbacks did not impact the token’s overall upward trend. In the second quarter of 2023, Ethereum continued to perform well until April 19th, with its highest trading price reaching $2132 and its lowest hitting $1711. However, towards the end of April, the token sharply declined, with prices fluctuating between $1810 and $1840 for a few days.

ethereum price may 4

At the time of trading, Ethereum is trading at $1899, a 1.8% increase in the past 24 hours and 1.69% in the last 7 days. Its price appears to be at a critical point, with the potential for significant upward or downward movement in the coming weeks.

BUY ETHEREUM

Arbitrum’s Impressive Performance as Ethereum’s Layer-2 Scaling Solution

Arbitrum has been gaining attention this week for its impressive performance as a layer-2 scaling solution for the Ethereum blockchain. It has surpassed Ethereum in terms of the total number of transactions processed, which is quite an achievement. As a result, many investors are now considering Arbitrum as a potential investment opportunity in the cryptocurrency market.

ARB PRICE MAY 4

At the time of writing, the ARB token has a market capitalization of $1.7 billion, a circulating supply of 1.27 million ARB, and no information on its complete collection. In the last 24 hours, the token’s price has increased by 1.1%, trading at $1.34, with a 24-hour high of $1.36 and a low of $1.30. The average price fluctuation of ARB during this period was $1.37, with a 24-hour trading volume of $429 million.

Arbitrum’s popularity among DeFi solutions that choose to build on its platform has contributed to its recent growth. This has led to a steady increase in Arbitrum’s total value locked, indicating its flexibility, efficiency, and scalability in meeting the growing demand for DeFi projects.

Despite trading below its all-time high of $1.79 by almost 25%, ARB is trading above its all-time low of $1.12 by nearly 20.5%. The token is experiencing resistance at $1.42 and $1.49 levels while gaining support at $1.35, $1.36, and $1.38.

Alternative Crypto Investment Options for Cautious Investors: DeeLance and ECOTERRA

While Arbitrum is a promising solution for scaling Ethereum with a growing ecosystem and various features, its price tends to fluctuate, which may not be suitable for cautious investors. For those seeking stable options, alternative projects such as DeeLance and ECOTERRA offer unique value propositions compared to conventional cryptocurrencies.

DeeLance

DeeLance is revolutionizing metaverse technology by providing a unique concept for users to enter a new dimension within the digital universe. In stage 2, DLANCE has raised over $600000 with only 10 days left until the end of the presale stage. DeeLance’s Metaverse technology and $DLANCE token open new possibilities for freelancers, buyers, and businesses. It is a one-of-a-kind platform that will revolutionize how we work and socialize in the digital world.

DeeLance, a web3 recruitment platform, promises significant returns to early investors and offers a real-world solution to its users. The platform is expected to witness a rise in token price of 112% from its current price of $0.029 to $0.053 after the exchange listing.

Investors are showing great interest in the presale, which is progressing with bullish momentum. Many investors recognize the rare opportunity to multiply returns up to 112% within a few weeks and contribute as much as $30,000 to the DeeLance project. This is reflected in the amount of money being invested.

Purchasing $DLANCE is easy and convenient on deelance.com. You can buy $DLANCE using various payment options such as ETH, USDT, or via credit card through our partner.

If you use a credit card, you can purchase ETH directly from the platform and swap it for $DLANCE. It is essential to ensure that you have enough ETH to buy $DLANCE, covering any applicable gas fees. With these options, buying $DLANCE has never been simpler.

VISIT DEELANCE

Ecoterra

The Ecoterra presale is underway, and early investors have a unique opportunity to purchase tokens at a discounted price of $0.007, compared to the listed price of $0.01. However, this offer will only last 11 days before the price increases to $0.00775, so interested parties should act quickly.

As of this writing, the presale has already raised over $2.8 million from its $3.1 million target. This indicates strong investor interest. With only 4 days left until the end of the presale stage, investors who take advantage of this offer could see up to 150% gains.

To participate in the presale, one must create a crypto wallet, connect it to Ecoterra, purchase the tokens, and wait for the token generation event to receive them. Take advantage of this chance to invest in a promising project at a discounted price.

Ecoterra is offering a revolutionary platform that encourages environmentally-friendly initiatives while also allowing users to track their progress. This is a great opportunity for businesses to improve their brand image and strengthen customer loyalty. To fund the development of this platform, Ecoterra is launching a presale of ECOTERRA tokens that will be integral to the app’s operation.

The presale will make 50% of the total token supply available, while 20% will be allocated for ecosystem liquidity, 10% for listings, 10% for marketing, 5% for the development team, and 5% for corporate adoption. This is an exciting opportunity to invest in a sustainable future and be a part of the solution to environmental challenges.

VISIT ECOTERRA

Related

DeeLance – New Web3 Coin Presale

DeeLance
  • First Decentralized Freelancing Network
  • Find Employers in the Metaverse
  • NFT Marketplace, $100k Giveaway
  • Presale Stage One Live Now
  • SolidProof & Coinsult Audited

DeeLance


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Source: https://insidebitcoins.com/news/is-it-too-late-to-buy-ethereum-is-arbitrum-or-these-new-crypto-projects-a-better-investment