Ether Continues Run, Waves, XRP And Aave Weekly Winners

Last Updated on 2 May 2021 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu

Bitcoin took a breather from its run-up to $60k which started on the last day of April as the whole crypto market seems to take a breather from climbing further. Profit taking Sunday could be in the works again. Not surprising after the week we’ve just seen of course.

Talk Show host Bill Maher released a funny segment on crypto which is racking up millions of view already.

The interesting part in it was how Bill admitted that one in ten Americans have invested their stimulus cheques into cryptocurrency after which he made jokes about Dogecoin and of course CumRocket (yes, that’s a real coin, we’re not proud either).

Ether Continues Run

Vitalik Buterin is very quiet on social media as of late, sending only two tweets in the past month and giving a limited number of interviews, but seeing his coin Ethereum perform as it does it would seem there is no need to.

As we’ve told you yesterday, Wall Street analytics firm Fundstrat has now placed a $10,000 year end target on the coin, which mean that the only way is up as from this point. At the time of writing, Ethereum is trading around $2,900 and very close to the $3,000 mark.

Major Altcoins Identify Weekly Winners

Of the top altcoins, it is easy to identify the weekly winners this Sunday. They are Waves, Nano, XRP and Aave.

XRP has shown a fabulous run-up since its re-encounter with the $1 spot which it hit when Bitcoin knew a selloff on the Biden capital gains tax. The coin of Ripple Labs has run up all the way to $1,50 since, earning investors 50% in the past week.

DeFi coin Aave has also lived through a fabulous week. The coin, which was founded by Stani Kulechov and which has Shark Tank start Mark Cuban as an active investor, has also seen its value rise more than 50% in the past week.

Earlier this week Waves surged 44% and maintained to keep those price levels. and is even trading higher.