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During the last 24 hours Ethereum is down nearly 10% due to heavy bearish pressure. Most of the crypto market is in bearish land slide so it’s normal for eth to also be down.
Ethereum resistance level is around $3000 to $3100 it has been tested but failed. Ethereum currently has support at $2900 to 2800 and likely this support will be tested.
On a positive note: Ethereum staking has reached all time high with over 33 million eth locked in staking. Ethereum will receive Fuska updates in December and this will improve network efficiency among many other factors.
In conclusion: Extreme fear in the market is still signaling a bearish moment. Long term remains very positive Due to strong staking and upcoming December updates.
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Spacecoin is the first blockchain-powered satellite DePIN , already operating 4 satellites in orbit and executing the world’s first space-to-Earth blockchain transaction.
This isn’t a roadmap. It’s hardware in space.
𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀
We’re entering a new macro cycle:
• SpaceX IPO speculation
• Orbital data centers
• Nation-state demand for resilient connectivity
• Explosion in DePIN (see $HNT, $RENDER)
Spacecoin is the connectivity layer of that thesis.
If you want exposure to the space economy on-chain, this is the gateway.
Real Infrastructure + Real Partnerships
• 4 satellites live
• SpaceX launches
• Strategic partnership with $WLFI for stablecoin integration
• Privacy stack via $NIGHT (Midnight Network / $ADA ecosystem)
• Built on $CTC (Creditcoin L1)
• Government & telecom agreements across Kenya, Nigeria, Indonesia, Cambodia
• Targeting $1B annual revenue by 2031
This is cross-border internet + DeFi + credit rails in one system.
The Flywheel Most Miss
Spacecoin turns satellites into programmable bandwidth:
LNY Day 1: Shakeout Over, Ready to Gallop! 🧧🐎 $400M flushed on NYE, but today is for the rebound! Pushing for $70K in the Year of the Horse. Starting the year with a 666U BTC giveaway for our 20K followers sprint! 【How to Join】 1️⃣ Follow me 2️⃣ Like + Retweet 🎁 Prize: 666U BTC (6,600 spots) ⏱️ Rule: First come, first served!