Lyra Options Protocol Data Shows a 20% Probability of Ethereum Reaching $5000 by the End of June

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PANews2024/05/22 11:13

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By:PANews

PANews reported on May 22, according to CoinDesk, that the DeFi options protocol Lyra stated there is a 20% probability of Ethereum reaching $5000 by the end of June. Market data from Lyra indicates that with the continuous expansion of the Ethereum ecosystem and increasing market demand, investors' expectations for a rise in Ethereum's price have grown. Despite market volatility and macroeconomic uncertainties, Ethereum's strong fundamentals and widespread application continue to support the potential for its future price increase.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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