Cryptocurrencies Price Prediction: Ethereum, Pepe & Polkadot — Asian Wrap 03 July
|Ethereum has failed to overcome key resistance despite bullish sentiment surrounding ETH ETF
Ethereum (ETH) is down more than 1.4% on Tuesday following another ETH sale from the Ethereum Foundation. Meanwhile, crypto exchange Gemini's recent report reveals that ETH ETF could see about $5 billion in net inflows within six months of launch.
PEPE's on-chain metrics indicate potential rally after weeks of silence
PEPE is down nearly 1% on Tuesday, as key on-chain metrics indicate the meme coin could be set for a rally after weeks of relative sideways movement.
Crypto community blasts Polkadot following report of treasury spending
Polkadot announced in its recent treasury report that it spent more than $87 million in the first half of 2024, reducing its balance to $245 million. The report attracted harsh responses from the crypto community on Tuesday, suggesting that the high spending hasn't translated to network growth for the platform.
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