The latest Ethereum price prediction this week just took a dramatic turn upward. This is following the latest news from the intotheblock platform on X, which reports a possible surge in new moves to the Ethereum blockchain. The blockchain platform reports that the recent reduction in gas fees is the lowest in many years and shows activities that could suggest a consolidation in the price at the moment. This comes at a pivotal time as investors continue to doubt the future of the altcoin giant. However, with this latest update, the price prediction has been tilting toward a breakout from the current zone, which could see it head toward $3500. However, as the Panshibi meme coin continues to win over investors looking for a big price move, the Ethereum price predictionmight be delayed. The Panshibi meme coin is in a presale phase with high potential for a bullish breakout as it continues to pack higher investments in each stage of the presale. The crypto market is interesting right now, following the current global political turmoil and growing cryptocurrency adoption. Here are some interesting things to note and how the Panshibimeme coin presale is posing a bigger threat to other altcoins. Why is Ethereum Price Prediction Not Pointing to a New ATH? As the global financial market continues to grapple with the impact of cryptocurrency, new solutions are joining, making the adoption of crypto easier. However, the last few years saw Ethereum slow down due to many new projects bursting into the market with better solutions. One major point of focus is the impact of it’s scalability slowing its progress. After hitting its all-time high of $4,891 in 2021, the price has continued to decline. Analysts have attributed the fall to factors such as whales taking profit, slow innovation, and the threat from new altcoins. However, recent predictions about the Ethereum price suggest it could finally return to a new uptrend, as seen on the coinmarketcap monthly chart. Still, the Ethereum price prediction has not been very optimistic, as analysts believed different factors needed to come into play to spark the bull run. But the report from the intotheblock X post could help analysts give a more accurate Ethereum price predictionwhich could usher in a bull move. Is Panshibi Presale Surge a Threat For Ethereum? Naturally, all crypto assets are dependent on each other more often than not. This is because growing attention to a new token could cause a surge that affects the price of the other assets. As such, the growing attention to this trending Panshibi meme coin might be posing a bigger threat than people could imagine right now. This is because of the growing list of investors in the Panshibi presale coin, who are coming from all around the crypto market. As the price of Ethereum continues to slow down in the last few weeks, the Panshibi meme coin has been tipped as a major asset for getting more investment. This is from the high reputation of meme coins to see a high volume growth within the short term showing investors can earn as high as 100x within a few weeks. But more importantly, is the fact that the Panshibi meme coin is on a presale round that could see investors see up to 10x even before it launches on centralized exchanges ( CEX ). Now might be the time to start buying as many Panshibi tokens as possible. With its high potential growth, it could dwarf the Ethereum price prediction in the coming weeks. Check the presale link below for quick access to get started with the Panshibi meme coin presale. Join the Panshibi presale today for $0.005 per token; Telegram: https://t.me/panshibi Twitter: https://x.com/panshibi_ Website: https://panshibi.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
