ETH rising to all time highs due to this NFT tweeted from Budweiser

[rdbase]

Just seen this published to budweiser's official twitter account yesterday and today the price of ethereum skyrocketed and possibly decoupling from bitcoin when it comes to market price. As bitcoin's price dropped ethereum's kept rising from $4250 all the way up to $4750 earlier today.


https://twitter.com/budweiserusa/status/1465522635387899904

Of course this has to do with the NFT market so you know this will pump up the price of ethereum enormously.

What do you think this will do with the ETH altcoin and it's introduction into the world of NFTs?

[tbct_mt2]

NFT is thing to be used more in crypto and normal communities so this tweet from Budweiser is only part of a hot trend.

Lately, CEO of Twitter, Jack Dorsey announced that he will leave the CEO position soon, after a transitional time. I agree with Jack because it shows that he believes in decentralization so it is a good step to let the community knows that he does not only say but also actually does it.

Back to NFT, many things in real life can be integrated with NFT technology and becomes something more valuable.

[josephdd1]

Of course this has to do with the NFT market so you know this will pump up the price of ethereum enormously.

What do you think this will do with the ETH altcoin and it's introduction into the world of NFTs?

NFTs were one of a reason why ETH has been growing for a half of the year. Open Sea and some other NFT platforms, are in a good demand so there are many people who interact with them and buy something. They raise the price of gas significantly, it is bad as those who want just to trade or invest in defi projects have to pay much more for this, but on the other hand, NFTs attract more users to ethereum.