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The bull market is around the corner. This means theres a chance to be a millionaire if you hold the right token. Very few tokens qualify as right as much as Ethereum.So ETH is one of your best chances to be a millionaire.

But how much ETH do you need to achieve this? Thats what we want to show you.

Before I come to an exact number of ETH you need to become a millionaire, you and I need to understand where Ethereum could go from here. But we first need to understand where its been. Most of us are not whales holding hundreds of thousands of ETH. So this means we will need to see a big price move to become an Ethereum millionaire.

But it could happen. Ethereum isnt a stranger in the crypto community. It is currently ranked #2 by market cap, just behind Bitcoin.

So, the current ETH price is $1,810.11. It has a circulating supply of 120,206.250. Ethereum has a market cap of $217,555,405,540. This means it makes up a significant portion of the $1 trillion crypto sector as a whole.

Ethereum is your best bet in crypto, right after Bitcoin. Its all-time high was $4,815.00 on November 9, 2021. ETH took a hit from the bear market, like everything else. But, it still has a promising future. Ethereum is arguably the altcoin with the biggest potential.Ethereum has several factors that guarantee its long-term success.

Also, Ethereum is the first smart contract platform. Smart contracts are the pillar behind the rise of decentralized finance (DeFi). So, Ethereum is home to some of the best DeFi projects.

Ethereum is the most widely used platform for NFT marketplaces. I agree that NFTs popularity has gone down. But if it were to pick up, Ethereum would have a leading position.

Ethereum is arguably one of the most popular blockchains for metaverse projects. Top metaverse projects like The Sandbox and Decentraland are built on Ethereums blockchain.

Ethereum hosts several other cryptocurrencies on its network. Projects like Polygon and Shiba Inu rely on Ethereum. So, Ethereum has all it takes to succeed and exceed its past glory. Do you think Ethereum can hit a new all-time high? Let us know in the comments below.

We asked our Technical Analysis team to look at Ethereum. And heres what they had to say:

ETH is currently trading at a crucial support zone. Failure to hold this support at $1673 could lead to a drop towards $1478, $1194, and $1081, which seems more likely. If ETH manages to stay above $1673, we could start seeing a continuation of bullish momentum towards $2133, $2684, and $3561, which is a less likely scenario.

So can ETH hit a new ATH? I definitely think it can in the next bull run.ETHs lowest point before the start of the last bull market was 89.66 on March 9, 2020. But it picked up in the 2021 bull market and hit an ATH of $4,815.00 on November 9, 2021. Thats about 54.01X.

Ethereum has an even more developed ecosystem now than it did then. There have also been a lot of updates and upgrades, such as

Weve seen how crazy ETH gets in previous bull runs. I doubt if anything is going to change that in the next bull run.

So youve seen our bull arguments based on:

So how much ETH do you need to be a millionaire? We see ETH surpassing its ATH in the next bull run. Our analysis places it somewhere around $6000. If thats the case, youll need about 166.67 ETH tokens to be a millionaire.

Ethereum could definitely go above $6k in the next bull run. But I think thats a more comfortable probability. For 2023, Ill place Ethereums near-term high at $2,100. Whats your take on all of these? Let us know in the comment section below.

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How Many ETH to Become a Millionaire by 2025 - Altcoin Buzz

COTI is an advanced payments project in the crypto space. Its got strong technology behind it. This includes its Proof-of-Trust (PoT) consensus and its Trustchain Directed Acyclic Graph (DAG). With these, it hopes to create the worlds leading digital infrastructure for payments and enterprise tokens.

And with its recent $gCOTI airdrop, the project is gaining attention. Thus, weve come up with a two-part beginners guide to COTI for you!

Now, if you havent checked out the first part of this guide. In this second part, well explore the wallets that you can use to store $COTI tokens. Lastly, well end off with a quick run-through on how to convert $COTI to USD fiat.

Alright! So youre sold on the $COTI tokens potential. Youve got yourself a small bag from a Centralized Exchange (CEX). Now what? At Altcoin Buzz, we always advocate the importance of securing your assets. To do this, youve got to:

Seems pretty simple, isnt it? You just need to get your $COTI off the CEX, and into your wallet. But this raises another question. Which are the best $COTI wallets to use?

To answer your question, it depends on which network youre using to store your $COTI. Nevertheless, weve got three recommendations below. Let us bring you through them.

Source: Twitter

In a nutshell, $COTI is a pretty popular crypto. With a market cap of #367, many wallets would support it. However, weve picked out three of them, each of which caters to different needs. With the above, were confident that you can pick one suitable for you.

Lets say youve made a solid trade on $COTI. You would like to cash out to USD fiat to lock in those juicy gains. To do this, there are a few methods. All of which would involve a CEX. So naturally, youll need to deposit your tokens into your CEX of choice first. Lets explore 2 of them below:

Well, thats pretty much it! Weve gone through together the basics and fundamentals of the COTI project and its native $COTI token. We hope that youve taken away a good deal of knowledge on this project. Needless to say, COTI will be growing its technology, business, and community. So, itll be smart to follow its Twitter here for frequent updates.

At the time of writing, the $COTI token price is $0.047. Its market cap ranks at #366, and its total supply of tokens is 2 billion. Out of these, 1.2 billion $COTI tokens circulate.

For more cryptocurrency news, check out theAltcoin BuzzYouTube channel.

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Beginners Guide About COTI Part 2 - Reviews - Altcoin Buzz

User numbers, transactions, and revenue increase, and numerous projects are experiencing explosive growth in Arbitrum.

Considering the competition in L2 chains, Arbitrum is developing a robust ecosystem. Here are some differences:

Arbiturms wide EVM compatibility, including Solidity and Vyper, makes it one of the most promising EVM-compatible rollups. Moreover, it has already partnered with a vast range of Ethereum decentralized applications (dApps) and infrastructure projects. It includes Uniswap, Sushi, DODO, and dozens of others.

Now, lets examine some of the best projects on the Arbitrum platform, how they work and where the Arbitrum ecosystem is headed next.

With its zero price impact trades, limit orders, low swap fees, and safe positions from liquidations,GMX has become the leading perpetual exchange in DeFi. It is attracting a significant number of active users and building strong partnerships in the cryptocurrency space.

The DEX provides traders with features such as spot swaps and perpetual up to 50x leverage. It is the largest protocol on the Arbitrum network with a TVL of around $500 million:

The GMX token serves as both a utility and governance token that allows holders to participate in voting on proposals and can easily be traded on exchanges like Binance, KuCoin, and OKX.

So, GMX has a favorable position to expand with more liquidity entering Arbitrum due to its dual exchange model and community-built tools. This also acts as an LPers playground.

Radiant is a cross-chain DeFi platform that allows users to deposit any major asset on any major chain and borrow supported assets across multiple chains. The mission is to consolidate liquidity across top Layer 1 and Layer 2 protocols.

Source: Radiant

So, lenders can earn value through the native token $RDNT, and borrowers can withdraw against collateralized funds to obtain liquidity without selling their assets. The Radiant DAOs primary goal is to consolidate the ~$22 billion of fragmented liquidity currently dispersed across the top ten alternative layers.

Gains Network is a decentralized trading platform on Arbitrum that allows trading of various assets with high leverages of up to 150x on cryptos, 1000x on forex, 100x on stocks, 35x on indices, and 250x on commodities. It has grown to over 100,000 users with $29 billion in volume traded since inception. These are its features:

Treasure is a decentralized NFT ecosystem built for metaverse projects on the Arbitrum network. Its NFT marketplace, Trove, has driven over $250M+ in total market volume to date. The native utility token of the Treasure NFT marketplace is $MAGIC, which is used for mining, quests, and transactions within the Bridgeworld Metaverse. It will also serve as the bridge currency for future projects within the ecosystem.

It supports the universal usage of digital assets across multiple gaming ecosystems. Developers can create personas, currencies, assets, brands, and even storylines that cross over virtual worlds.

USDs is a Stablecoin that generates auto-yield natively and was deployed on Arbitrum. Its the largest Layer-2 Ecosystem of Ethereum. It has achieved $20M TVL in the first 2 months since launch.

SPA is the governance and value accrual token of the Sperax ecosystem. SPA holders can stake SPA tokens to receive veSPA.

This platform is a decentralized exchange (DEX) built on the Arbitrum blockchain. It offers an automated market-maker (AMM) and low fees for swapping crypto assets. Also, It provides rewards for staking and yield farming on the entire Arbitrum network, with all major changes decided via governance voting.

Further, the platform has undergone a thorough security audit and is incubated by Solidproof, which provides free audit and KYC processes for new projects.

Jones DAO is a protocol specifically designed to optimize liquidity and yield by offering institutional-level strategies through its vaults. By using yield-bearing tokens, each strategy not only improves liquidity and efficiency but also unlocks capital for DeFi. This vital feature differentiates Jones DAO from other protocols and can generate lucrative returns for its users.

The protocol caters to three distinct groups:

Arbitrum is a top-notch Ethereum scaling solution with growing TVL, user adoption, and a diverse ecosystem of dApps. In February 2023, Arbitrum surpassed Ethereum in daily transaction volume for the first time in history. This remarkable achievement serves as a testament to Arbitrums surging popularity within the crypto community.

Its success depends on maintaining innovation and user adoption. If it does, it could be a crucial component of the cryptocurrency, serving as a backbone for current and future projects in DeFi, NFTs, and the creator economy, thus advancing the Ethereum ecosystem as a whole.

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Best 7 Arbitrum Projects - Altcoin Buzz

Crypto Rug Pull News: Crypto brokerage firm, Voyager Digital which filed for Chapter 11 bankruptcy back in 2022, is preparing to reopen partial withdrawal for its users. On-chain data tracker reports that the troubled crypto firm transferred tokens out from its hot wallet.

Rug Pull Alert: List Of Altcoins Celsius Network Will Sell On July 1st

On-Chain data of the wallet address 0x500a746c9a44f68fe6aa86a92e7b3af4f322ae66 associated with Voyager depicts massive altcoin transfers. It should be noted that the creditors can withdraw about 35% of their crypto holdings with Voyager between June 20 and July 5, 2023.

The trouble crypto firm moved around 350 billion Shiba Inu coins (approx worth $2.6 million) in multiple transactions. However, the biggest transaction recorded turns out to be of moving 70 Billion SHIB (approx worth $537k) from the hot wallet. SHIB is trading at an average price of $0.0000073, at the press time.

The second biggest meme crypto price is up by around 7% in the past 7 days. However, it is expected the upcoming Voyager Users withdrawal can increase the selling pressure for Shiba Inu Coin.

Also Read: Crypto Shorters Bleed As Bitcoin Price Nears $29K

Voyager linked wallet then moved 279.79k Polygon (MATIC) tokens (approx worth $180k) in a single transaction. However, the crypto firm moved a minor amount of MATIC tokens before this mega transaction.

MATICs 7% price surge in the last 24 hours has managed to provide it relief from the recent downward trend. Meanwhile, a price drop is expected ahead as Voyager users seek to recover their funds.

As per the June 14, 2023 court filings, Paul Hage, Voyagers bankruptcy plan administrator stated that around June 15 Voyager app will show the amount available for user withdrawals. However, after 30 days, clients will be allowed to withdraw crypto assets via the app or can ask for a cash payout.

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Voyager Moves 350 Bln Shiba Inu, Altcoins As User Withdrawal Sets To Resume - CoinGape