Two-thirds of the failed coins were abandoned, underscoring the importance of developing practical cryptocurrency applications.

Pepecoin’s price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators.

Ethereum is a widely popular cryptocurrency that you can easily buy from various platforms today

Various ways exist for gaining exposure to Ethereum. However, it is also essential to remember crypto can be a risky investment with several potential pitfalls. The following are the key factors to consider when buying Ethereum.

Ethereum doubles up as a payment protocol and an investment, but its ambitions go beyond the financial realm. Ethereum seeks to create a global decentralized supercomputer to serve as a platform where developers can rent resources for building their applications. That highlights Ethereum’s unique potential as an economic driver with a significant value proposition.

The stablecoin issuer claimed the venture would utilize renewable energy sources aimed at “sustainable” Bitcoin (BTC) mining and planned to hire additional team members.

In a May 30 announcement, Tether said it planned to start a mining arm in the South American nation “in collaboration with a local licensed company” in addition to investing in Uruguay’s energy production.

Stablecoin issuer Tether has announced it will be launching Bitcoin mining operations in Uruguay.

The Sandbox is a game in which players may purchase digital parcels of land (known as LAND) and build shared experiences on top of them.

The Sandbox is an example of a blockchain-based metaverse similar to Decentraland (MANA).

The Sandbox is an Ethereum-based software that manages a decentralized virtual game universe.

Messari, a market intelligence page, noted that Polkadot’s cross-chain message format has expanded beyond just asset transfers.

the RSI line was on the verge of crossing below the RSI SMA line.

The RSI indicator on the 4-hour chart suggested, however, that ETH’s price would drop below the key level in the next 24 hours, as the RSI line was sloped negatively towards oversold territory.

According to Glassnode data, only 14.85% of the total Ether supply is currently held on centralized exchanges, compared with the 25–26% of supply held during the 2021 bull run.

A drastic decline in the exchange supply of ETH like this has not been seen since April 2018.

The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million.

Despite the decline, the 10-day (red), and 25-day (blue) moving averages are now close to a cross, which could lead to a reversal in price.

The move saw ethereum fall below its own support point at $1,790, hitting a two-week low in the process

Following a high of $1,817.97 on Wednesday, ETH/USD edged to a low of $1,763.37 today.