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

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The Ethereum Title Service worth 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 almost 240%, with all indicators pointing to elevated curiosity and a spotlight for the token. It comes following a current collaboration between American publicly traded web registry GoDaddy and Ethereum Title Service. The combination will see the 2 networks join domains with crypto wallets.

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

Tens of millions of shoppers 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 Title Service is a website identify protocol working on the Ethereum blockchain. In keeping with an official weblog, the 2 entities are coming collectively to permit customers to hyperlink web domains to their ENS addresses with none costs. This factors to renewed curiosity in connecting blockchain with conventional applied sciences.

“Beyonce owns Beyonce.xyz, and now she will arrange a pockets simply by going into the GoDaddy web page and coming into your handle,” stated ENS founder Nick Johnson in a press release. “Now Beyonce.xyz is her pockets identifier for all intents and functions.”

However, it’s not possible to disregard the truth that ENS continues to be in court docket with GoDaddy, having levied costs in opposition to the online registry for the sale of an ENS area “eth.hyperlink.”

#Ethereum Title Service ENS, the corporate backing the .eth area identify, has dragged GoDaddy, a agency offering domains to web sites, to court docket over breach of contract, covenant and many others.#web3 #crypto #nftshttps://t.co/JwqB3sjD05

— Decilizer (@decilizer) September 9, 2022

“I suppose, you recognize, you may have a disagreement with someone over one factor however nonetheless stay good associates and nonetheless be comfortable to accomplice on different issues,” stated Johnson, acknowledging that the eth.hyperlink case is ongoing. The ENS govt additionally articulated that the 2 manufacturers “see eye-to-eye on plenty of issues.”

Ethereum Title Service Worth Outlook

The Ethereum Title Service worth 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 percentages favor the upside. The trajectory of the 50-, 100-, and 200-day SMA at $15.88, $12.29, and $10.14 to the north reveals that is the trail with the least resistance.

Elevated shopping for strain might see the Ethereum Community worth 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 facet, if revenue reserving kicks in, the Ethereum Title Service worth might descend under the 50% Fibonacci degree at $17.13. An prolonged fall might see ENS worth 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 Title Service worth might tag the 200-day SMA at $10.14.

Promising Various To Ethereum Title Service

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

Standing among the many prime gamers within the Web3 house, 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 challenge leverages the $TUK token to ascertain Electrical Automobile Charging stations (EVSEs). It additionally presents staking rewards to buyers, whereas on the similar time decreasing drivers’ prices.

1/ Witness the groundbreaking transformation of Jammu’s public transport!@TataMotors, India’s automobile 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 ascertain proprietary zero-emission autos (ZEVs) and EVSEs. These will probably 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 challenge and uncover find out how to be a part of our token sale on this insightful article by @cryptonews https://t.co/rJ48D2J48p

— 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 will probably be obtainable for buy at $0.02625, with presale gross sales having simply surged previous $800,000 out of a goal goal of $844,058.

Be part of the eTukTuk sustainable transportation revolution with its inexperienced $TUK token presale. Token holders can stake their TUK for annual proportion yields (APY) as excessive as 275%. Buy $TUK tokens and stake them to start out incomes rewards right this moment!