Ethereum Name Service Price Prediction: ENS Soars 13% After Deal With GoDaddy As This Green AI Presale Is Racing Towards $1 Million

The Ethereum Name Service value surged 13% within the final 24 hours to commerce for $21.51 as of two:13 a.m. EST time.

Buying and selling quantity is up practically 240%, with all indicators pointing to elevated curiosity and a focus for the token. It comes following a latest collaboration between American publicly traded web registry GoDaddy and Ethereum Name Service. The mixing will see the 2 networks join domains with crypto wallets.

We’re thrilled to announce our partnership with @GoDaddy 🎉

Tens of millions of consumers can now use their DNS domains within the ENS ecosystem!

Let’s dive into what this implies👇 pic.twitter.com/PyrZi4e5cV

— ens.eth (@ensdomains) February 5, 2024

Ethereum Name Service is a website identify protocol working on the Ethereum blockchain.  In response to an official blog, the 2 entities are coming collectively to permit customers to hyperlink web domains to their ENS addresses with none expenses. This factors to renewed curiosity in connecting blockchain with conventional applied sciences.

“Beyonce owns Beyonce.xyz, and now she can set up a wallet just by going into the GoDaddy page and entering your address,” stated ENS founder Nick Johnson in a press release. “Now Beyonce.xyz is her wallet identifier for all intents and purposes.”

Nonetheless, it’s unattainable to disregard the truth that ENS continues to be in courtroom with GoDaddy, having levied expenses in opposition to the online registry for the sale of an ENS area “eth.link.”

#Ethereum Name Service ENS, the corporate backing the .eth area identify, has dragged GoDaddy, a agency offering domains to web sites, to courtroom over breach of contract, covenant and so forth.#web3 #crypto #nfts

— Decilizer (@decilizer) September 9, 2022

“I guess, you know, you can have a disagreement with somebody over one thing but still remain good friends and still be happy to partner on other things,” stated Johnson, acknowledging that the eth.link case is ongoing. The ENS govt additionally articulated that the 2 manufacturers “see eye-to-eye on a lot of things.”

Ethereum Name Service Price Outlook

The Ethereum Name Service value is buying and selling with a bullish bias, recording a double backside sample with the 50% Fibonacci degree offering help at $17.13.

With the Easy Shifting Averages (SMAs) offering downward help, the chances favor the upside. The trajectory of the 50-, 100-, and 200-day SMA at $15.88, $12.29, and $10.14 to the north exhibits that is the trail with the least resistance.

Elevated shopping for stress might see the Ethereum Community value prolong the climb to the vary excessive at $27.54. Such a transfer would represent a 25% climb above present ranges.

TradingView: ENS/USDT 1-day chart

On the flip aspect, if revenue reserving kicks in, the Ethereum Name Service value might descend under the 50% Fibonacci degree at $17.13. An prolonged fall might see ENS value take a look at the 50-day SMA at $15.88, or decrease, the 100-day SMA at $12.29. In a dire case, the Ethereum Name Service value might tag the 200-day SMA at $10.14.

Promising Different To Ethereum Name Service

Even because the Ethereum Name Service value pushes in the direction of reclaiming latest highs, buyers are turning their consideration to eTuktuk. This is a brand new crypto Preliminary Coin Providing (ICO) that’s targeted on electrical autos – and buyers are elated about it.

Standing among the many top players in the Web3 space, eTukTuk is the AI-integrated, eco-friendly way forward for transportation, which lets you make investments and earn immediately. Its hallmark is to assist Tuk Tuk drivers to change to extra energy-efficient modes of transportation.

Specializing in creating economies, the undertaking leverages the $TUK token to determine Electrical Automobile Charging stations (EVSEs). It additionally gives staking rewards to buyers, whereas on the identical time decreasing drivers’ prices.

1/ Witness the groundbreaking transformation of Jammu’s public transport!@TataMotors, India’s car big, has simply rolled out a fleet of Extremely EV air-conditioned electrical buses for Jammu Good Metropolis 🧵⚡ pic.twitter.com/TUAwJHlMaz

— eTukTuk (@eTukTukio) February 1, 2024

eTukTuk goals to determine proprietary zero-emission autos (ZEVs) and EVSEs. These can be arrange in a number of creating economies in South Asia and Africa inside their city and suburban areas.

Discover the complete potential of our undertaking and uncover the best way to be part of our token sale on this insightful article by @cryptonews

— eTukTuk (@eTukTukio) January 29, 2024

Buyers can now purchase the token for engaging reductions on the presale. For the following seven days, the TUK token can be out there for buy at $0.02625, with presale gross sales having simply surged previous $800,000 out of a goal goal of $844,058.

Be a part of the eTukTuk sustainable transportation revolution with its inexperienced $TUK token presale. Token holders can stake their TUK for annual share yields (APY) as excessive as 275%. Buy $TUK tokens and stake them to begin incomes rewards in the present day!

Go to the eTuktuk web site and purchase $TUK right here.

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