Analysts make predictions for ETH after US election
The US election for president is set to take place soon. The scheduled date is November 5th. This has generated a lot of speculation. Investors' concerns about the cryptocurrency market have grown. Mainly about what will happen in the post-election period.
This is because analysts are predicting the possible consequences of the election result on the price of Ethereum.
But at the same time, a new crypto-casino has aroused investor interest. Proof of this is that the pre-sale of the Memebet Token ($MEMEBET) has already raised more than US$375 thousand.
Ethereum Price After US Elections
Analysts are making predictions for the next few weeks in the crypto market. They are analyzing the possible movements that could occur with Ethereum (ETH) once the results of the presidential elections are announced.
The highlight factor for the analysis is the US presidential race. The election is scheduled to take place on November 5th. The result could influence the price of cryptocurrencies. Traders believe that ETH may experience some price fluctuations, which could be even greater than those of BTC. This is because there is a connection between Ethereum and decentralized finance, better known as DeFi.
The Deriv platform's forecast is that the price of ETH could fluctuate between -14% and +16%. This forecast covers the first few days after the election. That is, the second week of November. A larger variation, between -26% and +35%, was not ruled out.
This shows that the expected variations for Ethereum are quite significant. Unlike Bitcoin (BTC), Ethereum (ETH) seems more susceptible to this moment. Especially macroeconomic events, such as elections.
The current Ethereum price prediction suggests a potential drop. Last week, Ethereum (ETH) faced significant volatility, at 10.8%. This volatility came after ETH failed to maintain a strong rally above $2,700. The Ethereum price prediction highlights a crucial period of consolidation, driven by technical patterns and market metrics. While a short-term drop may be looming, the potential for a significant rise makes this timing crucial.
Currently, the price of ETH hovers around $2,389 and cryptocurrency analysts are still quite divided about the future of Ethereum.
New crypto-casino Memebet Token has successful pre-sale – Find out how to participate
The online gaming sector is growing faster and faster around the world. This indicates that tokens that cover this market can stand out, as is the case with Memebet Token. The pre-sale for the project is quickly going viral.
Memebet Token is gaining great prominence among new memecoin launches. The project is part of a complete ecosystem of games and rewards that operates exclusively through Telegram.
This makes Memebet Token a fully decentralized online bookmaker that covers two growing sectors: casino gaming and utility cryptocurrencies. Investors who purchase $MEMEBET tokens can earn exclusive rewards.
Memebet Token offers access to various online games and bets in an easy and profitable way. The project also promises to launch an airdrop campaign soon. The details of the token distribution are yet to be announced by the developers.
How to participate in the pre-sale
To participate in Memebet Token during the ongoing pre-sale, you must purchase $MEMEBET tokens in the current fundraising phase. It will be possible to stake the project's tokens in the ecosystem as soon as it is officially launched.
This new crypto casino could become one of the best pre-sales of the year. This is because the project has already raised more than US$372,000 in just a few days, indicating that the fundraising phase can end quickly.
Therefore, those interested in purchasing $MEMEBET tokens at the best prices should not waste time. As the community grows, token values also increase.
During the pre-sale, investors can purchase $MEMEBET tokens on the project's official website. Payments in ETH, USDT or bank card are accepted. Investors must connect a wallet like Best Wallet, Meta Mask or Coinbase Wallet.
Discover the best online casino games and profit from the growth of Memebet Token. Follow the project on social media and stay up to date with all the news.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.