Cryptocurrencies Price Prediction: Ethereum, SUI & Ripple — Asian Wrap 23 May
|Ethereum price shows optimism as ETH Beacon Chain continues to defy critics
Ethereum (ETH) Beacon Chain had recorded commendable inflows, with the contract registering worth over $7.7 billion in ETH deposits since April 12, when the network-enabled staked Ether (stETH) withdrawals. The turnout comes despite speculation of massive outflows after the Shanghai/Capella (Shapella) upgrade.
SUI falls short of PEPE’s success but is poised to avoid a downfall
SUI launched this month but failed to gain the popularity that PEPE did with its launch in mid-April. But once a meme coin’s hype peaks, it has nowhere to go but down. This is the bane and the boon of meme coins that the Sui network is far away from.
Ripple price eyes 5% gains as $1.9 billion in market capitalization comes in
Ripple (XRP) has earned itself a place among the top crypto forces to reckon with, with the recent value surge captivating investors and crypto enthusiasts who marveled at the network’s ability to defy an overall bearish trend that has progressively plagued the wider crypto scene.
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