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Topic: Sudden Ethereum PUMP!! What is the reason? - page 3. (Read 593 times)

legendary
Activity: 2212
Merit: 1008
look like new project that using DeFi concept are creating their new token on ethereum  platform, is very hype now,  that why whale taking advantage to pump the ETH price its mostly like on 2017 when erc-20 is very hype to new project, ethereum price is keep high even the gas price is increase and never go down, for me its very good situation for small trader to buy ethereum and getting some profit from this bullish trend on ETH.
full member
Activity: 1750
Merit: 118
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
I don't see any difference because Bitcoin also grows upto  more than $9,500 now meaning these 2 coins are spiking the market?
In this case nothing is not normal because Ethereum comes always after Bitcoin pump so this is the main reason,Bitcoin grows and so as ethereum.
Be surprised if Bitcoin Did not move good but ethereum spikes high and this will be something we can be alert of,but this movement?for me nothing is important.

the growth of bitcoin is already normal but the growth of eth is more exciting to see because it only comes once in a while   . thats thier main difference  and also eth is an alt but btc isnt  .

by the time eth shows growth , people already got alerted and will look closely so no need to warn them  . this event may not important to you but its important to those who have eth .  there are many reasons to this increase  but i dont think manipulation is one of them  .
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
It has been a really long time since I saw more than 10% increase but looking at the price right now it seems that ETH did not stop from the pump of yesterday,,, my opinion has not changed, that it might not last if it is really being pushed because of dapp activity. Why? Because gaming dapps and ponzis always do not last and give a bad reputation.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
I don't see any difference because Bitcoin also grows upto  more than $9,500 now meaning these 2 coins are spiking the market?
In this case nothing is not normal because Ethereum comes always after Bitcoin pump so this is the main reason,Bitcoin grows and so as ethereum.
Be surprised if Bitcoin Did not move good but ethereum spikes high and this will be something we can be alert of,but this movement?for me nothing is important.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Probably DeFi projects are one of the reasons that made Ethereum go bullish. However, it’s on a parabolic curve and also the gas fees are high due to smart contract scams such as Forsage, Voomo, OpenAlexa, etc., where a lot of members are buying Ethereum for that.

It could be another reason though, but who knows? Ethereum pumping is a good thing, and I am holding it when it was still below $230. 
sr. member
Activity: 1372
Merit: 252
ethereum has shown a positive trend is able to rise even though not much, the increase occurred mainly in bitcoin and ethereum also followed
I am sure if a good situation like this continues ethereum will reach the price of $ 300
legendary
Activity: 1904
Merit: 1277
Do you think Ethereum could go up to $5K for its ATH?

There's no chance of $5k anytime soon. That's x20 on current price, which is unheard of for a high cap coin.
I do think ETH is underpriced, and the move to 2.0 is a big step forward and will help to set it up for the future... but I really can't see x20, and even if it happened it's unlikely that such a huge sudden swing would be sustainable. Personally I would prefer a long steady growth in price.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
I don't think we can see ETH higher than $ 300. the price raised because BTC exited from the flat in a positive direction, but there is no fundamental reason for the growth
Lol are you joking about that? you should see the latest news related to the ethereum and you will see what's the main reason and that's the ethereum 2.0 testnet will be launched next month. I think that you should do a small research before try to say something about that.

That explains the surge of ETH price. Its just a month and knowing that its been delayed for many months, they must have done a lot of testing first which Ethereum 2 will really be coming out. If the train hasn't yet move, its time to buy your tickets before FOMO starts. It would be pricey than today's price if you buy later. 

Do you think Ethereum could go up to $5K for its ATH?
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I don't think we can see ETH higher than $ 300. the price raised because BTC exited from the flat in a positive direction, but there is no fundamental reason for the growth
Lol are you joking about that? you should see the latest news related to the ethereum and you will see what's the main reason and that's the ethereum 2.0 testnet will be launched next month. I think that you should do a small research before try to say something about that.
full member
Activity: 1624
Merit: 163
From what I could gather, this is most likely because of the hype of the Ethereum 2.0 and the bounty bug hunting that they recently announced. Most investors probably thought that the new version is nearing because they are now bug hunting. To be fair, they really did a good job advertising and hyping this new update for months and I think others are taking notice now.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?
That's because we are currently in the phase market slightly pump in price and there is no news behind the pump but the whales market manipulation decision.

Also, are we going to see Ethereum again 300+? What's your thought on this?
The few dollars increase in price of Ethereum within some hours doesnt mean the surge in price trend will simultaneously continue and the perfect decision is to take advantage of this surge in price market.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
I don't think we can see ETH higher than $ 300. the price raised because BTC exited from the flat in a positive direction, but there is no fundamental reason for the growth
l do agree partly with your opinion on that, ETH is the one of the best coins and it is really very good news for ETH holders. l hope ETH will keep growing up, l don't know what is the behind of increasing suddenly the price of ETH, maybe there are a lot of investors who are interested in ETH investing. As you above said it is hard to see ETH price at 300$. But that doesn't mean it will not happen, in my mind, it happens sooner or later.
legendary
Activity: 2282
Merit: 1041
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
This price surge is most probably due to the ethereum 2.0 hype as the month of August is coming and most probably there will be an announcement from the ethereum foundation in the near future, so the people are trying to catch the train before it leaves the station and when everyone will be wanting to catch this train then they will give their ethers to those people for a premium on the market price. So, right now we should accumulate as much ether as we can until the announcement of ethereum 2.0. Surely there will be a dump after a sharp pump after this announcement, if a person times his entry right then he can really make a lot of money in this trade.

Is there announcement for that ETH 2.0?

It could be a good day to profit if its just announced but somehow there is a dump for the Defi projects which I think those guys are buying ETH again. Most altcoins are surging but  because of ETH sudden pump.  We already speculate that $250 would be easy for ETH and should also be $300 once when its about ETH 2, many of us will just keep staking.
member
Activity: 686
Merit: 35
Am just happy to see many green in the market today, am not sure what is the cause of this little nice pump but I do know that it is good to see the market looking good, eth hit a new high of $275 today,  btc has been stable for a while now, i guess we are seeing the aftermath of the past stable price.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
This price surge is most probably due to the ethereum 2.0 hype as the month of August is coming and most probably there will be an announcement from the ethereum foundation in the near future, so the people are trying to catch the train before it leaves the station and when everyone will be wanting to catch this train then they will give their ethers to those people for a premium on the market price. So, right now we should accumulate as much ether as we can until the announcement of ethereum 2.0. Surely there will be a dump after a sharp pump after this announcement, if a person times his entry right then he can really make a lot of money in this trade.
member
Activity: 378
Merit: 15
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
Still feels like this is possible because of two things only, the first is DeFi projects success and second is the upcoming eth 2.0, rumour has it that it's near completion since a bug bounty is out for hackers to find breach and flaws in the system
member
Activity: 173
Merit: 10
Look like an unexpected surge for no reason at all for Ethereum. Kinda weird when other altcoins don't come near Ethereum's surge while there is no news that can cause this much positive effect.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Money is currently cycling on the top alts right now as people don't see some movement in bitcoin while the alt markets are showing a lot of activity. Sure enough it's not only ETH who's going to receive some pumping action in the next days or so. $300 is quite a target but easily doable if the momentum is maintained and the money isn't gone somewhere else. In the mean time, if ETh loses steam @ $280, chances are it will be a hard breakthrough overall. Bets are on ETH to do some good gains within this week and I'm down for it.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
I don't think we can see ETH higher than $ 300. the price raised because BTC exited from the flat in a positive direction, but there is no fundamental reason for the growth
member
Activity: 362
Merit: 12
I also surprised by seeing this sudden pump.Actually I just unfortunately missed the train.
In my opinion this pump occurred for launching Ethereum 2.0 in near future.
Hope it will continue bull run because a big event for Ethereum is coming.
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