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Ethereum Price Prediction: Staking Boom Could Push ETH To $6,000 But Remittix May Deliver Bigger Returns
A staking boom has taken over the Ethereum (ETH) market, with an unprecedented 35.2 million ETH, nearly 30% of the supply, now locked in staking contracts. This surge in supply has created a bullish ETH price prediction of $6,000 as the demand for ETFs grows and illiquidity becomes increasingly evident.
The significant influx of fresh inflows to Ether funds has reached an astonishing $429 million over the past seven days alone, leading many analysts to predict that this could push the price of Ethereum to a whopping $6,000. This unprecedented growth in staking contracts is expected to amplify the squeeze on exchange float, further driving up the price.
However, there’s another player in town that may deliver bigger returns than even an optimistic ETH price prediction: Remittix (RTX). Despite still being in its presale phase at $0.0811, the project has already seen 536 million tokens sold and garnered a staggering $15.9 million in funding.
Remittix is a PayFi pioneer that tackles the pressing issue of high fees on bigger chains by providing fast transactions and affordable solutions for freelancers, migrant workers, and other individuals who rely heavily on these services. Its innovative approach has seen it gain significant traction, with the potential to deliver astronomical returns, potentially as high as 10 times its current value.
In contrast, while Ethereum’s price prediction may not be entirely out of reach, it still requires a substantial price jump of approximately 140%. On the other hand, Remittix only needs a modest movement to surpass even the most optimistic projections.
Source: coinpedia.org
