The ETH price has once again captured headlines, climbing higher as Ethereum whales pour millions into the second-largest cryptocurrency. While this whale-driven surge is dominating the spotlight, savvy investors are quietly eyeing the Smart Yield Coin (SYC) presale.
Offering cutting-edge features like Hold to Earn, AutoMine, and AI-powered gas fee predictions, Smart Yield Coin (SYC) is building momentum in the background. With its 10-stage presale model and unmatched transparency, SYC is already being hailed as a smarter alternative to legacy tokens. Let’s find out more about this project.
Ethereum whales trigger $400M FOMO: What it means for ETH price
The ETH price has gained 1.4% in the last 24 hours, trading at $4,377 as of press time, with a 37% increase in daily trading volume to $31.7 billion. This ETH price gain comes as an OG Bitcoin whale with over $5 billion in BTC just switched more than $400 million of Bitcoin into Ethereum.
The whale sold 4k BTC, followed by another 1k BTC, and used the proceeds to purchase nearly 96,000 ETH in a single transaction. This increased the whale’s ETH holdings to over 800,000 ETH, valued at more than $4B, with the majority of it staked, indicating a long-term commitment.
This high-stakes migration from BTC to ETH occurs as Ethereum demand among institutional investors develops, causing ETH to beat BTC recently. With the introduction of new ETH ETFs, asset managers such as BlackRock and VanEck have invested billions of dollars in Ethereum for their customers’ portfolios.
Source: CoinMarketCap
The ETH price is trading above important support levels, including the 50-week simple moving average ($2,901) and the 200-week moving average ($2,446), indicating a solid long-term rise.
Smart Yield Coin (SYC) solves crypto’s biggest pain points: Here’s more about it!
While the Ethereum whales FOMO buy ETH, pushing ETH price into the bullish zone, there’s a new project in the market that is still taking the lead, owing to its cutting-edge offerings.
This new project is none other than Smart Yield Coin (SYC). It is introducing a cutting-edge cryptocurrency wallet that’s not just a wallet but a whole financial ecosystem that will have multiple tools and features, many of which are backed by the latest AI protocols.
Talking about its features, they are designed to solve some of the most commonly encountered challenges in the crypto industry. These challenges include high gas fees, lack of interoperability, complicated interfaces, and lack of passive income opportunities.
SYC solves these with its advanced financial ecosystem. For instance, its Hold to Earn program lets users earn passive rewards just by holding tokens, while AutoMine allows crypto mining using spare internet bandwidth, letting users save their capital and energy.
The wallet also aims to introduce Smart Yield Pay, a crypto debit/credit card integration for everyday transactions, and Smart Swap for cross-chain transfers without the usual friction.
All these features have a single aim, which is to create a cryptocurrency ecosystem that makes investors’ lives smarter, and to be more precise, resistance-free.
SYC presale raises $115K, investors rush to secure early gains
The project has recently started its presale stage, offering its native token SYC at the lowest possible price alongside bonus tokens. As of Stage 1, each SYC token is priced $0.015 only. The price is being hailed as one of the lowest entry prices to a project with the highest ROI potential.
The presale, despite being launched recently, has managed to raise a staggering funding of over $115,000 from investors all around the world. This clearly signals that there is massive adoption of Smart Yield Coin’s cutting-edge cryptocurrency wallet and its financial ecosystem.
Learn More About the SYC Presale:
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