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Home » News » Bitcoin Price Breaks Above $30,000 While ecoterra Climbs Past $457,000

Bitcoin Price Breaks Above $30,000 While ecoterra Climbs Past $457,000

breaks $30,000

While Bitcoin’s resurgence captures attention and comes under scrutiny once again for its massive energy usage, the rise of ecoterra offers an environmentally-conscious alternative.

The world of cryptocurrency is constantly evolving, and Bitcoin’s recent resurgence and ecoterra’s rise are just two examples of the changes happening in the industry. Bitcoin, after a tumultuous year in 2022, has once again started on an upward trend. At the time of writing, the cryptocurrency has hit $30,211, reflecting an impressive increase of almost 83% since the beginning of the year. This marks the highest point for Bitcoin since June 2022.

Bradley Duke, co-CEO of crypto exchange-traded product provider ETC Group, shared with Bloomberg that some investors are attracted to cryptocurrencies because they perceive them as assets separate from conventional banking and finance. MicroStrategy, a business intelligence and mobile software firm, has persisted in investing heavily in Bitcoin, acquiring approximately 6,455 Bitcoins over the preceding weeks at an average price of $23,238 per coin.

Bitcoin Price Shatters Expectations

As Bitcoin continues to shatter resistance levels, many are wondering where it’s heading next. The 20-day EMA for Bitcoin rests at $28,020, while the 50-day EMA is situated at $26,186, and the 100-day EMA is at $24,205. These figures illustrate an upward trend in the digital currency’s short-term momentum.

A Green Opportunity: Capitalize on Bitcoin’s Resurgence with the Rising ecoterra Crypto

In contrast, the rise of ecoterra is fueled by the heightened interest in sustainable crypto, with concerns surrounding Bitcoin mining’s electricity usage and the recent Ethereum upgrade that has made it more eco-friendly. Ecoterra, a Web3 recycle-2-earn app, has captured the attention of the crypto world with its rapid growth during the presale phase.

Ecoterra’s utility token, $ECOTERRA, facilitates rewards for recycling within the platform. With top brands like Vittel, San Pellegrino, Heineken, and Dr. Pepper integrating their products into ecoterra’s database of scannable recyclables, users can earn tokens by recycling products from these major brands. Ecoterra’s mission is to incentivize recycling and help companies improve their green reputation and customer loyalty through participation in positive impact actions. With a 5% referral program, ecoterra makes it even more appealing for users to join the green movement.

Ecoterra’s holistic ecosystem includes an impact profile, a recycled materials marketplace, and a carbon offsetting marketplace. The platform’s market fit is evident in the surging interest and support during its presale, and with its impressive partnerships on the horizon, including one potential connection with multinational corporation Nestlé, ecoterra is poised for growth in the $63 billion global recycling industry.

Ecoterra’s presale has also hit an impressive milestone, raising over $433,000 in just over a week as its presale gains momentum. With less than a week left in the first stage of the presale, $ECOTERRA is currently available at $0.004 per token. Investors looking to take advantage of this opportunity should act quickly before the price increases to $0.00475 in the second stage of the presale.

The rise of ecoterra offers an environmentally-conscious alternative to Bitcoin, which has come under scrutiny once again for its massive energy usage. Ecoterra’s decentralized blockchain technology ensures that the data collected is transparent and publicly available, preventing accusations of greenwashing. It offers individuals and companies an opportunity to take a leadership role in combating climate change by providing a platform for purchasing carbon offsets with their recycling rewards.

In conclusion, the crypto world is a constantly evolving industry, and Bitcoin’s resurgence and ecoterra’s rise are just two examples of the changes happening. While Bitcoin continues to capture attention for its massive growth, ecoterra’s growth highlights the importance of sustainability and environmental consciousness. With the rise of sustainable crypto, the industry is heading towards a greener future.

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