The next February 8 will probably mark the beginning of a rise in the field of the Ether token, a cryptocurrency that will begin to trade through future contracts. This would already be the second of its kind, after Bitcoin, to start a trading adventure and it has already been noticed when seeing a price with records of up to $ 1,630 per unit. This will certainly change the way in which the initial capitalization of cryptocurrencies is perceived, we are talking about a token that until not long ago was not trading above $ 100 and an hour it may exceed the initial records and begin to mark several ATH on its upward path until achieve a value that balances its functionality.
Ether, the token of the Etherium network now shows a profitability that little by little is equated with the great responsibility it has always had to be that workhorse in charge of demonstrating that crypto ecosystems are designed to withstand the new challenging initiatives in the world. financial item.
Currently, the most widely used blockchain, the precursor of many functionalities, the developer of smart contracts, promoter of the field of decentralized finance (DeFi's) with a total record of value (TVL) of more than $ 31.84B, remains unstoppable in its crusade of extensions in categories of lending, decentralized exchangers, derivatives and assets, occupying 59 of the first 60 positions in the use and support of a functional ecosystem.
The setback for this type of participation is that it is still an easy target for speculation, paying more risk in the valuation of Ether at this time. Investors wait with great expectation one of the tokens with the highest functionality and with great relevance in the top of the cryptops, by function and capitalization.
Negotiations in the futures market go right in the direction with institutional participation in a more in-depth position, with a solid liquidity market that could take good advantage of the volatility that occurs in the branch of cryptocurrencies.
Ether can consolidate its leadership with this movement, beyond raising objections in its internal network with the commissions, now excessively high, and of its most fervent competitors, it may stimulate many authors to manage the risk with the cryptocurrencies and let expand a participation beyond a financial instrument and being part of the formation of an ecosystem that interacts with the promotion of new exchanges and ways of trading in the market, a systematic monetary evolution and practically free of intermediaries.
Good results are expected for a token that has held the number two position in the coinmarketcap for a long time and that registers an increase of 9.88% in the last 24H, and 33.53% in the last 7D, all formed by a market capitalization of $ 189 B.
The institutions now have a field to see, protect themselves and experiment with sufficient guarantees even to achieve early settlements or to be risky and let it run until the expiration of the contract. Undoubtedly, from an economic point of view, the increase will be a big step that differs from the introduction of capital. Capable and it is not so far-fetched to read predictions that place it above $ 10,000, but who knows, who will be right, a promising year is only in sight as of February 8.
This writing was based on the information that was obtained from the articles that are placed below. Its links present more complete information on this financial event that will take place this February 8.
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/futures-in-the-future-of-ether-xomkooz
