Hello Leo-Family, after a bloody Sunday for crypto as a whole and specifically for ETH - dipping down to $1314 - we saw a nice pullback to $1600 at the time of writing these lines. Cardano (ADA) and Binance Coin (BNB) on the 3rd and 4th place (in market cap on Coingecko) are both going to challenge ETH's DeFi market by providing smart contracts with much lower fees. For Cardano this is still a promise for the future, but with "Mary" implemented last week, we will see the first native coins on this chain, and soon some wrapped versions BTC, LEO? and ETH itself. For Binance Coin things are already in full force, with a lot a capital getting allocated to this chain and leaving the ETH ecosystem. With the lack of a definite timeline for ETH2.0 and rumours, this step will take at least 1 year, this may impose a severe thread for ETH in this highly volatile business. The short term impact on the price is a topic of suggestion, and you are invited to take part in another round for this week.

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

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

The Prices

The weekly Price

1 Hive Basic Income Share

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

The Jackpot

100 LEO

The Jackpot is fixed to 100 LEO.

The Rules.

provide your tip of the ETH Price in US$ (Format $XXX.XX) 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 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 (two decimals) will win the Jackpot
the reference price will be taken from Coingeko; (see the following reference)
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

We had 19 valid bets in our last weekly ETH guessing round and the bets ranged from 910.00$ to 2200.00$. @erikklok had the right guess, with $172.35 above the reference price. The bets in detail:

910.00 @alovely