@$56019: Ethereum Drops below $500 Billion Market Cap Level

Ethereum has lost nearly 15% of its value in the last 7 days after touching an all-time high of almost $4,900. While the price of ETH stayed above $4,000, its market cap has dropped from the $500 billion level.

However, Ethereum’s fundamental indicators remained strong in the last few days. The total number of daily active ETH addresses currently stands at around 650,000. Though, ‘Buy the Dip’ calls dominated the market sentiment during the recent correction.

The rising transaction fee is still a major issue with Ethereum. The ETH community is hopeful about a solution after its network upgrade, but current data suggests that users have struggled due to an enormous rise in fees during the market drop this week.

More Airdrops...

FREE AlcheGold Tokens In Alchemon NFT Airdrop!

AlcheGold

FREE ANSR Coins In Answerly Crypto Airdrop!

ANSR

FREE ANSR Tokens In Answerly NFT Airdrop!

ANSR

FREE NFTs Tokens In Rubic NFT Airdrop!

NFTs

FREE Metaverse Citizenship Tokens In Blockchain Land NFT Airdrop!

Metaverse Citizenship

FREE MCT + MAGIC CLUB NFTs Tokens In Magic Club NFT Airdrop!

MCT + MAGIC CLUB NFTs

FREE BIXB + Discount Tickets Tokens In Metabix by BixBcoin NFT Airdrop!

BIXB + Discount Tickets

FREE IXT Tokens In Planet IX NFT Airdrop!

IXT

FREE WZRD + Wizardia NFTs Tokens In Wizardia NFT Airdrop!

WZRD + Wizardia NFTs

FREE IGU Coins In IguVerse Crypto Airdrop!

IGU

More NFT Drops...

NFT DROP: No No’s

Mar 29

NFT DROP: Meta Panther Club

Mar 29

NFT DROP: Blockmaster NFT

Mar 29

NFT DROP: Symbio

Mar 29

NFT DROP: Crypto Wiener NFTs

Mar 29

NFT DROP: Manga Society

Mar 29

NFT DROP: Stoned Puppies

Mar 29

NFT DROP: MVA ( Mysterious Vegan Ape )

Mar 28

NFT DROP: Sol Dog Club

Mar 28

NFT DROP: Dodomoo

Mar 28

More Crypto News...