Anyone checking an Ethereum price prediction this week wants one answer. Is the bottom in, or is one more drop coming? On the surface, ETH sits near $2,420, down 38.8% in a year, per Yahoo Finance. Under it, builders just set a test that lifts block room from 60 million to 200 million gas, Blockonomi reports.
In 2022, ETH traded near $1,300 when the Merge went live. Less than two years later, it sold above $4,000. While that plays out, something smaller is building below it. It is Pepeto, a meme coin whose live exchange charges 0% to swap.
Will Glamsterdam Change the Ethereum Price Prediction?
It could, because the Glamsterdam upgrade goes live on the Hoodi test network on October 26. The Ethereum Foundation set the date in its October 16 note, as CryptoSlate reported. Hoodi is the last public test before the main network.
The gas target jumps to 200 million, about 3.3x the old 60 million, and Sepolia already ran the upgrade on October 6. No main network date is set yet. More room per block means faster and cheaper trades, and that is the kind of change big buyers wait for. It also hints at where the bigger gains could hide.
Two Coins to Watch Before Ethereum’s Next Upgrade Hits Its Final Test Network
Pepeto: Can Pepe’s Cofounder Strike Twice With a Zero Fee Exchange?
Glamsterdam is about one thing: cheaper trades. That same idea now drives a far smaller coin, and its price has not caught up yet. That coin is Pepeto. It comes from the cofounder who built the original Pepe. That meme coin turned tiny buys into life changing money with no product at all. This time the team, with a former Binance expert on the dev side, built the product first.
The product is PepetoSwap, a live exchange with a 0.00% swap fee. On most exchanges, every trade takes a small bite out of your money. A $1,000 swap costs $3 on Uniswap and $2.50 on PancakeSwap. On PepetoSwap it costs $0, and the user pays only network gas. For an active trader making 200 swaps of $5,000, that is $3,000 kept instead of handed over. People stay where they keep their money, and every new trader who stays gives the token one more reason to be worth more.
The swap is non custodial, so no one else ever holds your coins. SolidProof audited the contract, which clears the risk that sinks most presales, bad code.
Right now Pepeto sells for $0.0000001902 in its presale, and buyers have put in more than $11.2 million. The price rises at every new stage, so each stage that closes makes the next buyer pay more. With a Binance listing approaching, presale buyers hold a coin that could soon trade on the biggest exchange in crypto. For anyone who wants ETH style growth from a far lower starting price, Pepeto is the sharper bet today.
Ethereum Price Prediction: Can ETH Hold $2,380 and Reclaim $2,662?
ETH must hold $2,380 today to keep buyers in control. It trades at $2,377 on CoinMarketCap as of October 19, up 0.43% in a day. The Coin Republic marks $2,400 as the key floor and $2,427 as the first wall above.
This week, CoinCodex sees ETH near $2,420 by October 23, with resistance at $2,470 and $2,504. The Hoodi test lands three days later, and a clean run could give buyers a reason to push.
This month, the line that matters is $2,662. Analyst Don, who posts as @DonWedge, calls it the 200 period average on the three day chart. A close above it would back the long term bull case. A move from here to $2,662 is close to 10%. That is a fine gain for a coin this size, and it is also about all a coin this size can give fast.
Conclusion
Ethereum is getting faster, and the Ethereum price prediction for this month points to a fair 10% climb toward $2,662. That is solid, but it will not turn a small bet into a big one. Buyers already chose where the bigger money goes, putting more than $11.2 million into Pepeto.
Pepe made early buyers rich with nothing behind it but a frog. Pepeto starts with a live zero fee exchange, so the same math has far more pushing it. The Pepeto official website still sells at the presale price today. Early Pepe buyers still tell their story. Early Pepeto buyers may get to tell a bigger one.
Click To Visit Pepeto official Website To Enter The Presale
FAQs
What is the Ethereum price prediction for the next bull market?
The Ethereum price prediction for the next bull market starts with a close above $2,662, per analyst Don. Even then, a coin this big moves slowly.
What is the current Ethereum market sentiment among investors?
Ethereum sentiment is mixed, with ETH down 38.8% in a year. That is why many buyers now hunt early coins with more room on the Pepeto official website.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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