Ethereum price could hit $3000 this month while Love Hate Inu raises $5 million

By the end of 2023, the developers intend to allow users to create polls and also engage many brands. Love Hate Inu utilizes a real-time steaking mechanism to ensure the fairness of the voting process. The use of blockchain technology guarantees complete anonymity of the users. The presale is divided into eight rounds, each of which will last approximately 7.5 days. Users can join Love Hate Inu’s Telegram channel to stay up to date on the latest developments. Additional perks of Love Hate Inu:

• At the current pre-sale stage, the value of the LHINU token is only $0.000115, making it a cheap cryptocurrency that can generate high returns in the future.
• Users will be able to see how the voting results change in real time.
• The total number of tokens is 100 billion, but 900 million (90%) have been allocated for pre-sale. This means that the project will be entirely in the hands of the community.

ETH price and prospects

While some analysts expect ETH to continue its 2023 uptrend, others foresee it falling. Although the value of the coin broke the $2,000 milestone last week, it dropped again today. The Ethereum exchange rate now stands at $1,981, with the price of ETH rising by more than 50% in 2023, according to TradingView. For this reason, crypto expert Rekt Capital believes that the digital currency will continue its year-long rally. David Duong and Brian Cubellis – analysts at Coinbase – also believe that Ethereum’s uptrend will continue until the end of April. In a press release, they said that after the success of this network upgrade called Shapella, most of the addresses did not spend the rewards they received. The blockchain upgrade allowed ETH to be withdrawn for the first time during staking. Market participants feared that validators would start selling their unlocked assets en masse and thus cause downward pressure. However, so far, Ethereum’s price has been in a bullish trend. Ethereum’s Level 2 (L2) scalability solutions are also favoring its value. On April 14, they equaled $10,000 million of the total blockchain price (TVL), that is, funds placed in applications. This achievement was driven by airdrop. In March, there was a free giveaway of Arbitrum tokens. On the day of airdrop, the amount of ETH increased by 20%. Arbitrum is not the only layer 2 protocol in Ethereum, there are others such as Optimism or Mantle. Another important event for all ETH holders is expected to be the launch of the second phase – Ethereum 2.0. The first update of the platform, known as Serenity, took place in December 2020, when the Beacon Chain phase was implemented. At that time, the blockchain introduced a concept of network operation called Proof of Stake (PoS) instead of the Proof-of-Work (PoW) used at the time. The new algorithm harnesses the power of ether (ETH) holders’ processors instead of the power of computing devices to verify transactions and generate new blocks. This method is considered more cost-effective and environmentally friendly than PoW. Ethereum PoS also includes improved performance, increased scalability, and enhanced security thanks to a new consensus mechanism. The next phase is scheduled for 2023, and it should include merging the current Ethereum 1.0 and Beacon Chain into a single network – Ethereum 2.0. In this phase, users will be able to transfer their ETH between the blockchains.

How to buy Ethereum in Russia

One of the options for buying Ethereum in Russia is to register on a cryptocurrency exchange that continues to operate in the country. Such platforms include the Russian branch of Binance, Huobi, KuCoin, ByBit, EXMO, Gate.io, and the decentralized platforms Uniswap and PancakeSwap. There are also funds that invest in ETH and other tokens. Some of them are available through brokerage companies such as Tinkoff Investments or BKS Bank. Users who want to buy cryptocurrency with cash can use exchangers (such as BestChange, Exchanger1 or 24PayBank). These services allow you to buy Ethereum for rubles or other digital coins. At the time of writing, the exchange rate of ether to the ruble is 168,000.

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Conclusion

If there is any doubt whether it is worth investing a few thousand dollars in Ethereum, Love Hate Inu could be a good cheap alternative with high returns. The innovative use of blockchain technology is certainly catching the attention of many investors. The presale is going fast, and the value of the LHINU coin is expected to increase soon. However, users still have a few more days to purchase tokens at a reduced price. The advantage of investing in pre-sale coins is that they can potentially offer huge growth opportunities. A cheap cryptocurrency at the time of presale has the potential to grow several dozen times once it is listed on an exchange. Analysts predict that this is exactly what the future holds for the LHINU Inu coin.