Hello Leo-Family,

The Ethereum (ETH) guessing game for this week is in full swing, but the price of ETH is facing some challenges. Despite its efforts, ETH has struggled to breach the $1800 mark and may have established a consolidation trend with further lows ahead.

In terms of revenue, Ethereum is still generating a substantial daily income, ranging from $1.5 to $2.25 million. However, according to defilama, the active user base of the cryptocurrency has not shown any significant changes recently.

One area of growth is the cumulative number of smart contracts on the decentralized finance (defi) platform, which has reached an impressive 60 million. This exponential rise indicates the increasing adoption and usage of Ethereum's smart contract capabilities.

However, it's worth noting that the number of Ethereum deposits has experienced a decline since the beginning of June 2023. This decline could be attributed to various factors, such as market sentiment or other external influences.

Currently, the weekly technical chart suggests a weak bearish trend for ETH. The price seems to be in a consolidation phase, indicating a lack of strong momentum in either direction. Traders and investors should be prepared for potential downside as the price could reach a new low in the future.

As the ETH guessing game continues, participants must consider these market dynamics and make their predictions wisely. Will ETH bounce back or continue its downward trajectory? Only time will tell.

Don't forget to give your suggestion on the ETH price and reshare this post for the maximum winning chance.

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What do you think ETH will cost by the end of Sunday?

Comment with your guess directly to this post. The bet closest to the truth, will win the weekly price. If your bet is exactly to the point, you will win the Jackpot.
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The Prices

The weekly Price

3 Hive Basic Income Share for the winner

6 Hive Basic Income Share for the winner who reshared (rehived) this post before Sunday

As long as we have a bet, we have a winner!
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The Jackpot

100 LEO

The Jackpot is fixed to 100 LEO.

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The Rules.

provide your tip of the ETH Price in US$ (Format $XXXX) as a comment until Saturday 23:59 CET
only one tip per account allowed per individual user; multi-account-users shall only comment with one account, multiple comments lead to disqualification
the tip that is closest to the reference price from Coingeko will win the weekly price
if there are two tips equally near to the winning value, the one that is given earlier is the winning one
a tip that is exactly on spot with the reference price will win the Jackpot
the reference price will be taken from Coingeko; (see the following reference and rounded to full $ value
prices are transferred directly to the winning account before publishing the next weekly post
winners are announced in the respective section of the next game post

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We had 34 valid bets in our last weekly ETH guessing round, ranging from 1,589$ to 16,784$. @agreste had the right guess, with only $2 above the reference price. The bets in detail:

1,589 @mrf83
1,620 @asgharali
1,621 @necho41
1,635 @jhonnygo
1,636 @rebe.torres12
1,643 @miriammarga
1,666 @thebighigg
1,670 @daniella619
1,671 @hjrrodriguez
1,672 @treefrognada
1,675 @ddn688
1,676 @yova
1,677 @bitandi
1,685 @burn950
1,689 @dailyspam
1,698 @desro
1,700 @thedoc07
1,701 @parung76

1,719 reference winning price

1,721 @agreste winner

1,729 @rosauradels
1,745 @chrisparis
1,750 @jfang003
1,751 @jorgebgt
1,752 @amakauz
1,755 @hhayweaver
1,759 @thatcryptodave
1,777 @erikklok
1,784 @ferod23
1,788 @rpren
1,796 @servelle
1,800 @eii
1,840 @pulubengdugs
1,888 @chorock
16,784 @kelseyimoh

Congratulations to @agreste, who won this little game for the 1st time. Fortunately, @agreste reshared the post in order to double his price to 6 HiveBasic Income Shares.

Good Luck

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HALL OF FAME

Account	Number of winnings
@thatcryptodave	4
@jfang003	3
@jorgebgt	3
@miriammarga	3 ...... 1x Jackpot
@yeckingo1	3
@alovely	2
@bitandi	2
@bntcamelo	2
@borsengelaber	2
@cst90	2
@eii	2
@jdike	2
@jhonngo	2
@kevinnag58	2
@milaan	2
@parung76	2 ...... 1x Jackpot
@rosauradels	2
@servelle	2 ...... 1x Jackpot
@tokutaro22	2
@agreste	1
@alonicus	1
@anderssinho	1
@burn950	1
@cervantes420	1
@chrisparis	1
@cindy911	1
@crrdlx	1
@erikklok	1
@ferod23	1
@hjrrodriguez	1
@iamchuks	1
@kelseyimoh	1
@mirroredspork	1 ...... 1x Jackpot
@necho41	1
@olympicdragon	1
@rebe.torres12	1
@reinerzufall89	1
@repayme4568	1
@sanabwenas	1
@tengolotodo	1
@treefrognada	1
@voidd	1
@yova	1