Despite the red market, Ethereum had been experiencing a steady uptrend aiming to break the $5,000 mark before 2030. Massive ETFs and staking inflows had fueled the bullish momentum. Meanwhile, Bitcoin has consolidated after attaining its long-awaited $100k milestone.
While Ethereum and Bitcoin are grounding for new milestones, Monsta Mash impressively took the spotlight with its headline-hitting presale. This new contender is a collaboration of superb innovative features and impressive community activities. It has gained groundbreaking attention from crypto whales.
Monsta Mash ($MASH): Redefining GameFi Blockchain Technology
Monsta Mash is redirecting the buzz from BTC & ETH taking the crypto space by storm following the ongoing bull run. The strength and growth potential of the project is backed by the successful adoption of the GameFi blockchain. The Monsta Mash ecosystem is a collaboration of thrilling games and earning. The project engages $MASH holders in 10-day adventures, with rewards such as millions of $MASH tokens, thousands of $USDT and Apple devices.
Monsta Mash is 55% through the 2nd phase of its live presale, and not far from phase 3 where the price will increase significantly. Apart from the crypto-friendly wave following the recent political shift in the USA, Monsta Mash is making various smart moves to map its way to the top crypto altcoins in 2025. Engaging in the games is the major way to earn extra coins, however, the $MASH staking platform has been causing noise in the crypto space and offers strong APY. Holders can reinvest their earnings for governance, game upgrades, and trade for more profits, or stake them for an annual APY of up to 19%.
Bitcoin's Rally Stalls Amid Decline, Turning the Market Red
Bitcoin’s historic rise past $100,000 on December 4, 2024, reaching an all-time high of $103,619, was fueled by optimism surrounding lighter crypto regulations under Donald Trump. This rally also sparked gains across the crypto market, with Bitcoin surging over 20% post-election.
However, the momentum appears to be waning as BTC's price slips below $96,000. Market uncertainty deepens with Microsoft shareholders poised to vote on a proposal to add Bitcoin to its treasury, an initiative likely to be rejected, further pressuring the market downward.
Ethereum's 2024 Rally Points to $5,000, But Profit-Taking Stalls Momentum
Ethereum (ETH) has soared 52% year-to-date in 2024, climbing from $2,224 to $4,001 by December 7. This surge was bolstered by record-breaking ETF inflows, including a single-day net inflow of $83.76 million on December 6, pushing cumulative inflows to $1 billion.
However, Ethereum's rally has hit a roadblock amidst a broader market downturn. The psychological barrier of surpassing $4,000 triggered profit-taking, with many investors doubting a return to previous all-time highs. The sharp reversal highlights lingering market caution despite ETH's strong fundamentals.
Conclusions
Ethereum’s path to the $5,000 mark could be clear sooner than expected as institutional interest rises. Analysts are very optimistic about Bitcoin's rally towards $200k earning a 100% return to holders but with the current red market, can both coins recover?
Even though Bitcoin and Ethereum are always trying to test new limits, a rally to a 1000% surge could only be made possible with Monsta Mash. Be part of the next big thing, start your journey early by downloading the Monsta Mash game beta on the Apple App Store and Google Play Store!
Invest in $MASH, join the community:
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Website: Monsta Mash Official Site
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Telegram: Join the Community Chat
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