Ethereum Has Hit $3k Price Point, XMINING Could Also Rally

In the last 1 year, we have seen an 80% increase in the price of Ethereum. In the last one month, there’s been a 35% increase according to CoinMarketCap. Meanwhile, XMINING, a revolutionary cloud-mining project has already racked up more than $460k in presales of its token, $XMINING.

Currently, the Ethereum is stable at a price of around $3025 with a 24-hour trading volume of $12,570,799,358.

Let’s learn more about how bulls built on this momentum to reclaim the $3,000.

Ethereum Staking Deposits Hit High After Dencun Upgrade


At the end of January, Ethereum developers released the Dencun upgrade on the Sepolia testnet, which was met with a positive response from market participants.

The increase in the number of developers and users who participate in the Ethereum DeFi ecosystem is probably a result of the Dencun upgrade, which promises to improve the capacity of transaction processing while simultaneously lowering prices. This increasing utility and acceptance could stimulate demand for ether, which would ultimately increase the price of ETH.

Investors have been increasing the amount of staking they are doing on the ETH2.0 beacon chain. This may be an attempt to get ahead of the anticipated gains that will result from the recent network improvement and the possibility of spot ETF approval.

Ethereum staking deposits have been on an upward trend since the Shappela upgrade allowed withdrawals in April, and the recent successful Dencun upgrade appears to have further strengthened stakeholders’ confidence.

Since the announcement of the Dencun testnet launch on January 31, investors have added 30835664 ETH to the Ethereum 2.0 staking contracts.

XMINING Raises Over $460k in Presale


Amid this, the focus is also on XMINING, a new cloud-mining project on Ethereum for users to mine Bitcoin effortlessly without any need for expensive computer hardware and GPUs.

Before listing the token on major crypto exchanges, the whole process is divided into 8 stages. Currently, it’s the third stage and the coin is priced at $0.0084. The price will be on its way to reach $0.0093 in less than 13 days per $MINING token.

From then on, after the coin reaches the eighth stage and gets listed on important crypto exchange platforms, its price will rise to $0.025. Those who invested in earlier stages will be getting a huge ROI.

XMINING is probably the top crypto presale in the cloud mining industry, offering a unique Stake-to-Mine method. Tokens acquired during the current X Mining crypto presale are automatically staked till launch, guaranteeing investors receive benefits right away.

Lastly, the project is getting eyebrows from many investors because of its promising benefits like 81% annual returns in passive income and amazing application.

So, if you are ready to invest in this revolutionary project, click here to get your $XMINING tokens before the price increases.

 

Disclaimer: The text above is a press release that is not part of Cryptonews.com editorial content.

Disclaimer: The text above is an advertorial article that is not part of Cryptonews.com editorial content.