ilmscore | Prediction Details
"eth's price is directly correlated to leverage in defi as eth is the main form of collateral used to borrow stable coins to buy more crypto"
By Coin Bureau | July 22, 2024 | Pending
From video
Crypto News: BTC, Trump, Biden, ETH ETFs, Rate Cuts, WLD, HNT & MORE! 00:11:36 - 00:11:44
Interpreted Prediction
Ethereum's price is directly linked to leverage in DeFi because it serves as the primary collateral for borrowing stablecoins to purchase more crypto.

Prediction Details

Ticker
ETH
Initial Price
3,441.16 USD

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