Key Indicators Show Ethereum Is Entering a Growth Phase – Eth-Based Altcoin Rally to Follow

Ethereum could record a massive growth in the upcoming months and potentially reach a new all-time high. The ETH growth will influence the ETH-based altcoin rally.

PlayDoge, Sealana, WienerAI, Dogeverse, 99Bitcoins, and Sponge V2 are projects that could see massive growth in the upcoming months.

More in the article.

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Ethereum set to reach a new all-time high

As of May 28th, 2024, Ethereum’s price has been around $3700, underpinned by a substantial market cap of $463 billion. Despite a slight 2.04% dip in the past 24 hours, ETH has seen a 5.4% increase over the past week, highlighting an upward trend.

Technical indicators are overwhelmingly positive, with 85% suggesting an uprise outlook. These predictions indicate Ethereum is ready to break through the $4000 resistance level. Forecasts for the end of 2024 suggest prices will climb to $5000, driven by a recent Dencun update. These elements point to a strong potential for Ethereum to reach a new all-time high. If ETH reaches $5k, it will set a new all-time high price record.

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ETH-based altcoins rally to follow with Ethereum price increase

Smaller altcoins could benefit from Ethereum’s push and grow massively. Here is more about them.

PlayDoge could be the next coin to grow during an ETH-based altcoin rally!

PlayDoge captures investor interest with its innovative approach to gaming and rewards. This coin combines nostalgic virtual pet care with modern blockchain technology. Users engage with the game through a mobile app, where they nurture and care for their Doge. And, if your pet is happy, you earn tokens. These tokens can be used within the PlayDoge ecosystem or exchanged for other cryptocurrencies.