The Ethereum price is in the red as it struggles to reclaim its all-time high like its competitors. Despite this downswing, Ethereum still maintains its position as the second largest crypto. Analysts have restored investor confidence, predicting that the price will rebound and hit $4,000 to mark a new all-time high.
Amidst these favorable predictions, an AI altcoin, RCO Finance (RCOF), threatens to steal the spotlight with a potential for 30,000x returns. The AI altcoin combines cutting-edge AI and blockchain technology with real-world utility to offer unmatched potential for early investors. Investors are now flocking to the RCO Finance presale to get a stake in this top player in the crypto market.
Ethereum Price: Battling competition but Poised for Rebound
The Ethereum price sits at $3,206 at press time, a 3.5% decline in the past 24 hours. Ethereum boasts a market cap of $386 billion and is the second-largest cryptocurrency. However, the Ethereum price is 34.5% away from its all-time high achieved in Nov 2021, while its competitors Solana and Ripple have reclaimed their all-time highs.
Ethereum has faced challenges in recent weeks as competitors like Jito …
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