Sudden Ethereum PUMP!! What is the reason?

[cheezcarls]

Probably DeFi projects are one of the reasons that made Ethereum go bullish. However, it’s on a parabolic curve and also the gas fees are high due to smart contract scams such as Forsage, Voomo, OpenAlexa, etc., where a lot of members are buying Ethereum for that.

It could be another reason though, but who knows? Ethereum pumping is a good thing, and I am holding it when it was still below $230. 

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[carlisle1]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

I don't see any difference because Bitcoin also grows upto  more than $9,500 now meaning these 2 coins are spiking the market?
In this case nothing is not normal because Ethereum comes always after Bitcoin pump so this is the main reason,Bitcoin grows and so as ethereum.
Be surprised if Bitcoin Did not move good but ethereum spikes high and this will be something we can be alert of,but this movement?for me nothing is important.

[leea-1334]

It has been a really long time since I saw more than 10% increase but looking at the price right now it seems that ETH did not stop from the pump of yesterday,,, my opinion has not changed, that it might not last if it is really being pushed because of dapp activity. Why? Because gaming dapps and ponzis always do not last and give a bad reputation.

[shoreno]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

I don't see any difference because Bitcoin also grows upto  more than $9,500 now meaning these 2 coins are spiking the market?
In this case nothing is not normal because Ethereum comes always after Bitcoin pump so this is the main reason,Bitcoin grows and so as ethereum.
Be surprised if Bitcoin Did not move good but ethereum spikes high and this will be something we can be alert of,but this movement?for me nothing is important.

the growth of bitcoin is already normal but the growth of eth is more exciting to see because it only comes once in a while   . thats thier main difference  and also eth is an alt but btc isnt  .

by the time eth shows growth , people already got alerted and will look closely so no need to warn them  . this event may not important to you but its important to those who have eth .  there are many reasons to this increase  but i dont think manipulation is one of them  .

[MonsterV]

look like new project that using DeFi concept are creating their new token on ethereum  platform, is very hype now,  that why whale taking advantage to pump the ETH price its mostly like on 2017 when erc-20 is very hype to new project, ethereum price is keep high even the gas price is increase and never go down, for me its very good situation for small trader to buy ethereum and getting some profit from this bullish trend on ETH.

[reliable]

Probably DeFi projects are one of the reasons that made Ethereum go bullish. However, it’s on a parabolic curve and also the gas fees are high due to smart contract scams such as Forsage, Voomo, OpenAlexa, etc., where a lot of members are buying Ethereum for that.

It could be another reason though, but who knows? Ethereum pumping is a good thing, and I am holding it when it was still below $230. 

It is good thing for the ETH holders as many would be holding form long time and this rise would give them some relief as we may see 300$ in coming time. The rise has been good in last couple of days and might be due to Defi the swing is happening in this coin. Let us see if this rally can ride for long time or will fall back quickly.

[marks1976]

ethereum has shown a positive trend is able to rise even though not much, the increase occurred mainly in bitcoin and ethereum also followed
I am sure if a good situation like this continues ethereum will reach the price of $ 300

Im sure $300 is quite easy for ethereum right now considering they are now currently at $274 if the development keep continuing until the upgrade become official hitting $300 is way easy for them to achieve. I'm sure in the future ethereum will grow surpass $300 mark. hopefully that will become reality very soon.

[Distinctin]

I think I will wait until ETH will hit $300 then I will get in.
Bitcoin dominance is still at 60%, that's still too high, meaning, altcoins hasn't penetrate yet.
If we are looking for an altcoins season, then probably bitcoin should drop its dominant rate just like in the past.

I am thinking of the launch of the ETH 2.0 that's why the market for altcoins now is quite bullish, but it's not confirm yet, so let's be careful.
Just in now, or wait, it's up to us to decide, but make sure we analyze it on our own well.

[pealr12]

I think the reason why ethereum goes into a sudden pump is because bitcoin also pump. Its just the only  reason i know and nothing else that when btc pumps ethereum will follow.

[Taufik blackspade team]

ethereum has shown a positive trend is able to rise even though not much, the increase occurred mainly in bitcoin and ethereum also followed
I am sure if a good situation like this continues ethereum will reach the price of $ 300

Im sure $300 is quite easy for ethereum right now considering they are now currently at $274 if the development keep continuing until the upgrade become official hitting $300 is way easy for them to achieve. I'm sure in the future ethereum will grow surpass $300 mark. hopefully that will become reality very soon.

in the next week if bitcoin is still in its current position I'm sure ethereum can achieve the target that was discussed. even if there is bitcoin support that goes up higher ethereum can get even higher prices. they are fortunate that the update will be done together with bitcoin which has increased.

[Desscount]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

the first reason is that Ethereum has been asleep for a long time, it's natural that ETH wakes up and is easily passed through,
and the second is Ethereum 2.0 being a topic that has just been FOMO

[Oceat]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

I don't see any difference because Bitcoin also grows upto  more than $9,500 now meaning these 2 coins are spiking the market?
In this case nothing is not normal because Ethereum comes always after Bitcoin pump so this is the main reason,Bitcoin grows and so as ethereum.
Be surprised if Bitcoin Did not move good but ethereum spikes high and this will be something we can be alert of,but this movement?for me nothing is important.

the growth of bitcoin is already normal but the growth of eth is more exciting to see because it only comes once in a while   . thats thier main difference  and also eth is an alt but btc isnt  .

by the time eth shows growth , people already got alerted and will look closely so no need to warn them  . this event may not important to you but its important to those who have eth .  there are many reasons to this increase  but i dont think manipulation is one of them  .

Whatever the reason is, I'm sure Bitcoin did its part to at least pump ETH since I believe most altcoins will follow what's the trend of Bitcoin. It's still surprising for Bitcoin to suddenly pump and break beyond $9500 while it barely break $9400 in the past few weeks. If Bitcoin continue to break another resistance level we might see ETH break and reach that $300 level.

[criket]

At least, we can take profit from ethereum because we already wait for some time to see the ethereum price increase. But still, we don't know if this pump will have another pump for the ethereum to touch more than $300. Many people are still waiting for the next wave of ethereum, and they are still waiting for the correction of the price because they want to buy more ethereum at a low price.

I think waiting for ethereum 2.0 to run is a good choice. we don't know what will happen in the future. but the current situation has shown good movement. there is a lot of market belief that it will be better after the update is carried out.

[Febo]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

Coins dont need a reason for pump. They need reasons fro slow growth but not fro pump. It is called a a pump. After the pump there is a dump. No reason for that either. Except the pump.

[Apened]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

I don't hear any news about ETH  ,maybe that's because of bitcoins price jump, ETH is just waiting for bitcoins to pop up and it followed.If we're going to take  alook on the chart. $300 is really attainable if the price will continue and it may pull altcoins to pump more as most of the solid altcoins are now only pumping.

[cassavachips]

I haven't checked the latest developments from Ethereum, but I was surprised to see exchanges because the average altcoin is rising today. Also happened to Ethereum, this is a good condition. Is this alt season? I'm not sure yet. But current market conditions are good and hopefully Ethereum can continue to rise higher.

[robelneo]

I read that Ethereum has offered hackers for a bug bounty got their coming Ethereum 2.0 launches, I consider this a welcome and big news for the community that they are doing to make the Ethereum 2.0 hackproof the news came out four days ago so I guess it creates an impact in the market.
https://cointelegraph.com/news/ethereum-challenges-hackers-to-attack-proposed-20-networks

[chip1994]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

There has been no news for ETH in recent days, just that investors are eager to buy lots of ETH in advance to participate in their staking system in the future. Ethereum 2.0 is being sought by many investors, so the sharp increase in prices is also understandable. The price of ETH above 300 $ this year is too normal, could increase by more than $ 400 if the general economy is stable and Ethereum 2.0 succeeds.

[casperBGD]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

There has been no news for ETH in recent days, just that investors are eager to buy lots of ETH in advance to participate in their staking system in the future. Ethereum 2.0 is being sought by many investors, so the sharp increase in prices is also understandable. The price of ETH above 300 $ this year is too normal, could increase by more than $ 400 if the general economy is stable and Ethereum 2.0 succeeds.

there was a news that ETH final testnet will be launched on August, 4, and that ETH2.0 will be launched till the end of the year, it is a rather different tone than two weeks ago, when we were speaking about ETH2.0 next year, so this is a positive news, could not say that this news sparked a rally, but was a part of it, probably

[poodle63]

Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?

There has been no news for ETH in recent days, just that investors are eager to buy lots of ETH in advance to participate in their staking system in the future. Ethereum 2.0 is being sought by many investors, so the sharp increase in prices is also understandable. The price of ETH above 300 $ this year is too normal, could increase by more than $ 400 if the general economy is stable and Ethereum 2.0 succeeds.

there was a news that ETH final testnet will be launched on August, 4, and that ETH2.0 will be launched till the end of the year, it is a rather different tone than two weeks ago, when we were speaking about ETH2.0 next year, so this is a positive news, could not say that this news sparked a rally, but was a part of it, probably

I think so, the main pump for ethereum will be coming when we will have exact date about the launch of mainnet of ethereum 2.0
The pump will be coming gradually as ethereum 2.0 will be divided into some parts. i have experienced with this pump when another coin was also implementing the same update like ethereum too.