BREAKING
441d 5h ago

Ethereum: The World’s First ‘Triple-Point Asset’ Transforming Crypto Investment

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

In a recent update shared on X, Nick Tomaino, the founder of 1confirmation, emphasized the evolving status of Ethereum as what he describes as the world’s inaugural ‘Triple-Point Asset’. Tomaino delineates Ethereum’s role as a capital asset, highlighting its representation of ownership within a thriving developer ecosystem that spurs significant advancements in crypto innovation, including realms such as DeFi, NFTs, and decentralized social platforms. Moreover, he positions Ethereum as a viable store of value, noting its inflation rate, which is notably lower than that of Bitcoin, asserting its foundational significance in decentralized finance. Additionally, Ethereum serves as a yield-generating asset, currently yielding an annualized rate of approximately 3%, further enhancing its appeal to investors seeking diversified revenue streams within the digital economy.

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