Ethereum Faces Resistance at $4,000; PepeNode Surpasses $2.1M Presale

  • Ethereum (ETH) is facing resistance between $4,000 and $4,100, with potential support at $3,272.
  • Whales are accumulating ETH, including a large holder increasing their holdings by $213 million to reach $1.38 billion.
  • PEPENODE ($PEPENODE) introduces a gamified mine-to-earn model on Ethereum, aiming to maintain engagement through token burns and mining rewards.
  • The PEPENODE presale has surpassed $2.1 million, with tokens priced at $0.0011454.

Ethereum's current price hovers in the mid-$3,400s, with significant liquidity around $4,000 acting as a barrier. Whales' accumulation behavior suggests potential upside if momentum continues above $3,700.

PEPENODE offers a virtual mining experience on Ethereum, incentivizing early adoption with higher mining rewards and a focus on token burning mechanisms.

Analyst Ted’s X post discussing Ethereum’s $4.1K price target.

Investors should note the potential for Ethereum to break past the $4,000 mark if current trends persist, while PEPENODE presents an alternative investment narrative aligned with Ethereum’s ecosystem.