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Cryptocurrency News Articles

Web3Bay (3BAY) Powers World's First Web3 Marketplace as Ethereum Classic Prepares for Bullish Move & SUI Reaches ATH

Dec 14, 2024 at 05:00 am

Ethereum Classic (ETC) forecast suggests a potential bull run ahead, as analysts highlight a record-breaking accumulation phase that could drive impressive gains.

Web3Bay (3BAY) Powers World's First Web3 Marketplace as Ethereum Classic Prepares for Bullish Move & SUI Reaches ATH

Web3Bay (3BAY) is set to launch the world’s first Web3 marketplace as Ethereum Classic (ETC) prepares for a bullish move and SUI reaches a new all-time high (ATH).

Web3Bay (3BAY) Launches World’s First Web3 Marketplace

3BAY is the native token of Web3Bay, a decentralized marketplace that integrates Web3 into e-commerce. It is more than just a payment method, as 3BAY also grants governance rights, allowing holders to participate directly in platform updates and policies. With each transaction, users contribute to a decentralized e-commerce ecosystem.

Web3Bay is a next-generation online shopping platform. Unlike traditional marketplaces, it operates as a decentralized marketplace where users have complete ownership of their data and enjoy lower transaction costs. It is adaptable and secure thanks to IPFS-powered decentralized storage and cross-chain compatibility, enabling interaction with multiple blockchains. This structure addresses common e-commerce pain points like data security and transparency while facilitating a global, permissionless transaction space.

For early adopters, the 3BAY presale is a unique opportunity to join at an entry price of just $0.003. By joining now, early supporters gain an initial cost advantage and become part of a project that transforms e-commerce by putting control back into users’ hands. With Web3Bay’s unique features and growth potential, the presale stage offers a rare chance to support a platform set to redefine online shopping. This early access encourages timely participation for those looking to get in on an innovative venture with promising returns.

Ethereum Classic (ETC) Forecast Predicts Potential Bull Run

Prominent analyst Alan Santana suggests that the Ethereum Classic (ETC) forecast points to substantial growth, backed by its longest accumulation phase, which began in January 2022 and has spanned over 1,500 days. Santana draws comparisons to the 2018–2021 bull cycle, when a similar, though shorter, accumulation led to a remarkable 5,700% increase in ETC’s value.

Current projections estimate potential gains of 1,300% to 2,150% from the June 2022 bottom, though Santana notes that extended accumulation doesn’t always guarantee immediate growth. However, with an increasingly favorable market, Ethereum Classic’s unique position could support a notable bullish move if conditions align.

SUI Price Analysis as Token Reaches New All-Time High

SUI has achieved a new all-time high (ATH) of $2.37, fueled by unprecedented trading volume reaching $2 billion, which signals a heightened level of investor engagement. This volume surge, observed on November 6, suggests strong interest, with Coinglass data revealing a slight trader bias toward long positions, indicated by a Long/Short ratio of 1.09.

While SUI’s rise above key EMAs could support further upward movement, potentially targeting $3, profit-taking could reverse this trend and bring SUI back toward $1.93. This latest SUI ATH highlights the token’s current market momentum and cautious optimism among investors.

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Other articles published on Mar 09, 2025