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Ethereum (ETH) remarkably climbed above the $4,000 mark again this week, sparking euphoria among ETH fans with murmurs of Ethereum potentially smashing $5K before the year ends. With that feat, ETH posted a 25% gain and a year-to-date growth of over 64%. Meanwhile, a newcomer is creating waves with zero-gas technology, AI-driven aggregator, and user-focused Web3 wallet: JetBolt (JBOLT). This young altcoin’s presale is steaming hot, with over 200 million tokens sold since launch.
Amid JetBolt’s rapid ascent, can Ethereum march to $5K before 2025 kicks off? Could JetBolt’s seemingly unstoppable rise be the start of a new era for next-gen altcoins? Let’s explore the thrilling developments surrounding Ethereum and JetBolt, and how these coins could shake up the crypto world.
Ethereum’s (ETH) price jumped above $4K on December 17, the first time again since March 2024, inspiring optimism among ETH maxis that the $4K price revisit could signal the start of a prolonged bull market. According to Glassnode, ETH’s return to $4000 has flipped the sentiment of long-term holders on the second-largest cryptocurrency by market cap.
Whales have been noted accumulating Ethereum throughout December. From 5,580 addresses holding at least 1,000 ETH on December 1, there are now 5,612 such addresses, reflecting consistent accumulation by large holders or whales over the past month.
According to analysts, it is crucial to track whale activity as they can significantly drive market trends. The steady accumulation of ETH by whales indicates growing confidence among investors, often viewed as a bullish signal. Moreover, this suggests that whales may anticipate positive price movement for ETH in the near term.
Changing hands as of writing at $3,654.08, ETH’s price is currently trading between the support level at $3,763 and the resistance level at $3,987. If Ethereum can break through the resistance level, its price may climb and test the $4,100 mark. And with sustained upward momentum, analysts predict ETH could reach new highs near $4,900, and later on potentially surge to $5K before 2025 starts, if the situation remains the same.
While ETH continues to climb with some eyeing $5K before the year ends, the emerging altcoin JetBolt (JBOLT) continues to amaze the crypto world with cutting-edge features that provide solutions to some of the struggles blockchain insiders have encountered.
At the forefront, JetBolt’s zero-gas technology, which eliminates gas fees that often hinder mainstream adoption and blockchain innovation, is a breakthrough for everyday users and developers. This technology from Skale Labs enables users to enjoy blockchain transactions without worrying about gas costs and empowers developers to cost-efficiently create decentralized applications (dApps) and other Web3 projects.
JetBolt also transforms staking with a social twist. Unlike traditional staking, where users passively earn reward tokens, JetBolt offers stakers the chance to earn extra rewards as they stake and connect with others on the platform. This interactive feature promotes social connectivity, enhancing the staking experience with fun.
Additionally, JetBolt has an AI-powered content aggregator that displays the crypto news stories, keeping blockchain enthusiasts entertained with trending Web3 developments.
Adding to the excitement in its presale, JetBolt offers presale perks that include Alpha Boxes, from which up to 25% bonus JBOLT tokens come with batch purchases. While its daily price increases at the presale, early adopters can also enjoy the utility features from the get-go.
Over 200 million tokens sold in presale, JetBolt's momentum is reflecting increasing thirst for altcoins bringing revolutionary features. In that space of technology-powered innovation merged with real-world usability, JetBolt is part of this growing new generation altcoin set with established stalwarts like Ethereum.
The recent price action of Ethereum is lighting up hopes in the minds of ETH fans for a bullish breakout to $5k before 2025 ushers in. ETH has been a key market player in the crypto world and has been resilient, falling and rising again with its robust ecosystem, network developments, and continued investor confidence. However, in all this, JetBolt exudes fresh energy: zero-gas innovation along with other blockchain solutions and the practical benefits they create for users. Only time will tell if Ethereum marches to higher price levels or whether JetBolt leads this new breed of altcoins to greater heights in the next bull run.
Discover more about JetBolt and its presale by visiting the official JetBolt website or following its updates on X (Twitter).
This article is not intended as financial advice or trading advice. Cryptocurrencies are highly volatile, so it is best to do research and understand all risks at play before making any decisions pertaining to blockchain purchases.
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