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1ST ENTRY💝PRICE  3100
2ST ENTRY💝PRICE. 3110

TARGET🎯
3120
3130
3150
3170
3200
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Use only 5%
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Ethereum gas costs are at their lowest level in six months. Is the altcoin season coming?

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2024/04/29 07:17 83768
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Author: Tom Mitchelhill, CoinTelegraph; Compiler: Deng Tong, Brilliant Money

While Ethereum prices edged higher over the weekend, the Ethereum network’s gas fees have fallen to a six-month low, which analysts at crypto analysis platform Santiment said could be a sign that altcoin season is coming.

On April 27, the average fee on the Ethereum network dropped to $1.12, according to an April 28 post from Santiment.

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🚀 Web3 company Matera has secured $3.6 million to integrate decentralized finance (DeFi) with existing social media platforms, aiming to bolster the creator economy.

💰 This funding aims to address the challenge of monetization within the creator economy and drive its value to over $1 trillion by 2030.

🤝 Investors such as Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox, and Saxon Partners have backed Matera's funding round.

🔗 Matera's goal is to merge DeFi with popular social media platforms, revolutionizing how creators earn money and interact with their audience.

🌐 By leveraging the existing user base and market reach of traditional platforms while integrating Web3's innovative economic models, Matera aims to enhance the economic value of creator networks without displacing current platforms.

🎯 Matera introduces innovations like the Matera Credit Score, which evaluates creators based on their interactions across various platforms, facilitating access to funds and rewards within Matera’s ecosystem.

👨‍💼 CEO Sam Huber highlights the challenge of Web3 SocialFi due to underestimated network effects of Web2 platforms and emphasizes Matera's approach to bridging this gap.

📈 Matera expects to significantly expand the creator economy, targeting to onboard 100 million creators and their followers onto the blockchain by 2030.

⛓️ Matera is also developing a robust blockchain infrastructure, including a DeFi platform, a protocol layer, and a layer-2 network for scalability and efficiency.

📱 Currently supporting creators on X (formerly Twitter), Matera plans to extend its services to more social media platforms, further influencing the creator economy landscape.

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🪙$ETH (Risk Factor involved )
Long
Cross (25X)
Entry Targets:
2960/2870
🎯 TP:
1) 2980
2) 3010
3) 3036
4) 3060
5) 3075
6) 3105
⛔️ SL:
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#ETH💝USDT According to today's market analysis, experts predict that Ethereum (ETH) price may fluctuate between $1,870 and $1,920. Some experts anticipate a potential breakout above $1,920, while others predict a possible correction to $1,850. However, please note that cryptocurrency markets are highly volatile and unpredictable, and prices can change rapidly. This summary is only a snapshot of the current market situation and may not reflect the current price or trend.

Here are some expert opinions:

- "ETH is showing strength and may break out above $1,920 today." - CryptoAnalyst
- "ETH is due for a correction and may drop to $1,850." - CryptoTrader
- "ETH is holding support at $1,870 and may rally to $1,950." - CryptoExpert

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#FOMC Meeting Alert

Today at 11:30 PM (IST), expect high volatility as the FOMC makes its announcement. Unmute the channel and stay tuned for real-time updates right at 11:30 PM (IST)!

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About today

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