Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#数字货币市场回升 $ETH



The market atmosphere has indeed changed recently. News from Trump’s side indicates that US stocks and 401k have reached new highs, and inflation is still declining. This macro environment is a long-awaited breeze for crypto assets.

Today I noticed some noteworthy trends. First, in the Web3 entertainment sector, the MBL project surged directly from $0.0011 by 72%, with trading volume exploding more than 15 times. On the technical chart, it has already stabilized above all major moving averages, and the community recently organized some activities to boost buying sentiment. Such explosive rebounds are not uncommon in small-cap tokens, but the sustainability will depend on whether it can hold the support level moving forward.

What is even more exciting is the progress on the Ethereum side. The Fusaka upgrade is going live in 4 days, specifically scheduled for December 3rd. The core highlight of this upgrade is raising the Gas limit to 60 million, which theoretically could significantly reduce the transaction fees on L2. For DeFi protocols and RWA( real asset tokenization) projects, this means lower operating costs and a better user experience. The improvement in network efficiency may create conditions for a new round of application explosion.

Of course, one must be psychologically prepared for short-term market fluctuations. The benefits brought by technological upgrades often take time to digest and may not immediately reflect in prices. However, from a long-term perspective, each iteration of infrastructure is paving the way for ecological expansion.

How far do you think this rebound can go? Are you optimistic about the ecological explosion after the ETH upgrade, or are you more focused on the short-term explosive power of small coins? Feel free to share your thoughts. $MBL
ETH-0.24%
MBL-30.32%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
BTCWaveRidervip
· 14h ago
Well, the Fusaka upgrade does have some substance, but I still think we should wait and see if it can really land. The recent pump of MBL feels a bit hollow; a 72% rise indicates what? It just shows how hard it was hit before, haha. I'm actually more concerned about whether ETH can hold the 2500 mark; once the favourable information from the upgrade is consumed, it should fall again, right? Small coins are still full of pits; unless you're just aiming for that short-term fluctuation, it's really tiring. I'm optimistic about the logic of infrastructure iteration in the long term, but in the short term, really don't mess around.
View OriginalReply0
CommunityJanitorvip
· 17h ago
Wait, MBL has only risen 72%? I feel like I've missed out, let's wait for the upgrade to talk. --- gas fees have dropped so much, is it for real? I'm going all in on ETH. --- Are you trying to fool me into depositing again? Last time I listened to you guys, I'm still at a loss. --- I really look forward to the Fusaka upgrade, but I want to see if anyone is buying the dip in the pit. --- Little coins big pump and that's it, who’s still waiting for any upgrades? --- The macro environment is really different, my frens have started asking me about coins, haha. --- RWA is the future, I'm already tired of that DeFi stuff. --- 72%? I've seen headlines about this kind of market on Twitter long ago, wake up and don't get played for suckers.
View OriginalReply0
Blockchainiacvip
· 17h ago
72% rise, MBL really hit hard this time. But I’m more interested in seeing ETH's performance after Fusaka goes live. Will a drop in Gas really change the game? --- The countdown for Fusaka has begun, and I feel like December will be a turning point. Small coins rise quickly but are prone to dumping, while the benefits of ETH's infrastructure are much more solid. --- I’m optimistic about this wave, but the premise is to hold the support level. Can MBL's 15 times volume continue? I’m still a bit anxious. --- ETH's upgrade is coming, it really is a gamble on whether network efficiency can trigger the next explosion. However, I'm still a bit wary of the short-term big pumps in small coins. --- Wait, MBL went straight to 72% from 0.0011, how many people are involved? It’s purely a psychological gamble. --- From a long-term perspective, the upgrade of Fusaka is indeed favourable information, but don’t be fooled by the short-term explosions of small coins. Such things are generally the market maker's game.
View OriginalReply0
Ser_Liquidatedvip
· 17h ago
Wait, MBL just shot up 72%? I didn't see that, is it another case of some small time window...
View OriginalReply0
SatoshiSherpavip
· 17h ago
With both upgrades and favorable macro news, it sounds good, but I still need to see how long it can hold. The 72% rise of MBL is a bit crazy, and the surge in trading volume might just be the market maker accumulating, be careful of catching a falling knife. The upgrade of Fusaka doubling the Gas limit is true, but these favorable news should have been priced in before the rebound, right? In the short term, let's see if the support can hold, and we can talk about the long term later. I actually don't have high expectations for this rebound; after such a long bear market, it feels strange for a sudden rebound...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)