đ Ethereumâs $10K Surge Imminent as Daily Inflows Shatter Records
Ethereum isn't just climbingâit's rewriting the playbook. With daily inflows hitting all-time highs, the $10K price target suddenly looks conservative. Here's why the smart money is piling in.
The inflow frenzy: more than just hype?
Network activity resembles the 2021 bull runâexcept this time, institutions are leading the charge. Retail FOMO hasn't even kicked in yet.
Technical breakout meets perfect storm
The charts show textbook accumulation patterns. Meanwhile, Wall Street's latecomers are scrambling to justify why they called it 'overvalued' at $3K.
One hedge fund manager (who shall remain nameless) was overheard saying: 'We're allocating more to ETH than gold nowâbut please don't tell our compliance department.'
Will $10K happen? The market's voting with its wallet. Just don't expect the usual suspects to admit they were wrong until after the factâthat's what PowerPoint decks are for.
ERC-20 Tokens Lead the Latest Altcoin Rally
After several months of rollercoaster price action, including yearly lows of $74,400 for bitcoin and $1,385 for Ethereum, the latest bull run has finally given investors some much-needed breathing space. As the chart below shows, ETH has moved through a series of price ranges that indicate accumulation periods â a sign of long-term conviction from major buyers despite a roughly 30% decline between January and April.
If ETH breaks above $4,100, future targets WOULD include its November 2021 all-time high (around $4,891), $5,000, and eventually $10,000. Interestingly, the ETH/BTC trading pair has followed a similar pattern to ETH/USDT, albeit with greater volatility and a yearly high-to-low drop of almost 53%.
Although extreme volatility can test investorsâ patience, it also generates much higher profits for those who navigate the market effectively. On Wall Street, institutional buyers have opted to accumulate ETH using exchange-traded fund (ETF) products â driving all-time high inflows over the last few days.
Whenever ETHâs price surges, altcoins tend to follow suit â especially projects that were built on the Ethereum blockchain, and use their own ERC-20 utility tokens. In the chart below, we can see how the performance of Chainlink (LINK) and Uniswap (UNI) compares to ETH:
In simple terms, ERC-20 tokens can be even more volatile than ETH â but when the latter explodes, related altcoins catch up shortly after. This means that now could be the best time to consider investing not just in legacy ERC-20 cryptos like LINK and UNI, but also in presale projects like Best Wallet Token, which can offer even bigger potential gains.
Could Best Wallet Token Explode Next? ERC-20 Presale Nears $14 Million
Whether the crypto market is bullish or bearish, long-term investors need a safe and reliable place to store their coins â but even high-profile centralized exchanges have suffered hacks, exploits, and collapses in recent years.
In February, Bybit was the target of the single largest theft of all time, losing $1.5 billion worth of ETH to hackers. Meanwhile, the non-custodial storage solution Best Wallet has seen hundreds of thousands of crypto enthusiasts choose its smartphone-based app as the best alternative.
From simple portfolio management tools to DEX-based trading, crypto staking, fiat on-ramps and off-ramps, and even a presale launchpad called âUpcoming Tokens,â Best Wallet has become the preferred choice of more than 500,000 users.
Its native Best Wallet Token (BEST) â currently available through its own presale â will give holders a range of VIP-level perks when using the Best Wallet app. Maximized staking yields, fee discounts, first-in-line presale investment opportunities, governance votes, and more will all be unlocked simply for buying and holding BEST.
Best Wallet connects to over 60 blockchains â and Best Wallet Token will run on Ethereum as an ERC-20 crypto, making it an obvious choice for retail investors and whales who believe in the long-term potential of Ethereumâs ecosystem.
With close to $14 million already raised, staking APYs of up to 99%, and a temporarily discounted price of $0.025345, Best Wallet Token could become the most bullish ETH-related coin on the market this year.
Visit Best Wallet Token Presale