YouHodler has growing list of cryptocurrencies listed on it’s FinTech platform that includes, BTC, ETH, XRP, XLM, LTC, BCH, DASH and much more. For a limited time, the company is focusing its efforts on one, seemingly forgotten crypto. Ethereum (ETH).
Despite what the reports say about altcoins, YouHodler still firmly believes in ETH due to;
● it’s large and loyal community,
● the massive potential behind Ethereum smart contracts
● it’s hyper-talented founder, Vitalik Buterin.
With this in mind, YouHodler is launching a new, aggressive campaign that aims to “make ETH strong again.”
No fees to buy ETH on YouHodler; 50% discount on ETH-backed loans and more
YouHodler has five attractive initiatives to revive ETH support and hopefully, bring it back to its place as the original BTC challenger. Starting now, YouHodler will offer the following five features to all platform users:
- No commission to buy ETH on YouHodler (available now)
- Special ETH loan plan with the loan to value ratio (LTV) of 90% (coming soon)
- “ETH Turbo 10” allows users to take up to 10 automated ETH “Turbo Loans” (coming soon)
- 50% discount on all ETH backed loans on YouHodler (coming late September)
- ETH Savings Account with 12% annual interest (coming October)
On the topic, YouHodler CEO Ilya Volkov states “We are happy to announce this limited time offer for all ETH Hodlers and traders on our platform. We truly believe in the power and potential of Ethereum and Vitalik Buterin. Everything from Ethereum smart contracts to dApp development is a huge inspiration to our team and with these promotions in place, hope to ignite an Ethereum rally and make ETH strong again.”
What happened to Ethereum (ETH) and why is it suffering?
Aside from the massive 2017 bull run the entire crypto market experienced, ETH had other eras of brilliance. January 2018, for example, was a good time for ETH hodlers but since then, we’ve watched the gradual (and sometimes rapid) decline of this once-promising crypto. So what happened?
Some analysts say the lack of performance from Ethereum comes from the decrease of initial coin offerings (ICOs) issued from the platform. This was once a top reason for one to purchase ETH and the price reflects that during the “ICO boom” of 2017 and 2018. Yet, with tough restrictions from regulatory bodies on ICO’s, Ethereum is looking to find its footing in a new industry. Thankfully, Ethereum bulls have hope.
Majority of ETH community believes the price will bound back to $1,000
Recently, crypto analysts, Nik Patel posted a poll on his Twitter feed asking the crypto universe if they think ETH will ever trade above $1,000 again. Out of the 5,410 votes, 54% said yes, while 34% said no. Aside from that, other analysts are starting to promote Ethereum’s rally against Bitcoin in the near future, citing that the ETH/BTC chart currently resembles that chart before 2017’s takeoff.
Helping to draw attention to this news is YouHodler, which is advertising the aforementioned features on an international scale. YouHodler states all comments and inquiries about their “Make ETH Strong Again Campaign” should be redirected to their Telegram, Twitter or support (email@example.com) channels.
To take advantage of these limited time promotions and help support ETH, go to YouHodler.com today and sign up.
Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution for industry.