"Ethereum Stumbles, MANTRA Surges 60% as Web3Bay Raises $1M"

Ethereum's recent struggles have captured the attention of traders, with the cryptocurrency failing to break through the crucial $3,000 mark. Meanwhile, MANTRA, an Ethereum-based token, has surged by 60%, doubling its value for all holders. This significant price increase has boosted investor confidence in the token, which utilizes the latest technological innovations.

Web3Bay, a trustless shopping platform, has also gained traction in the market. The platform's presale has raised over $1 million, with 280 million tokens sold, signaling strong market adoption. Web3Bay stands out by reducing doubts entirely, handing control over to its holders with trustless smart contracts, and eliminating intermediaries to ensure openness.

Ethereum's price analysis indicates significant stress, with a recent 6.8% drop pushing it near the crucial $3,000 threshold. The market has seen $850 million in liquidations, emphasizing a growing bearish view. Data on Ethereum derivatives points to caution, with a decline in open interest and a drop in the long-to-short ratio, signaling waning confidence. If Ethereum breaks below $3,023, it could test $2,913, though any rebound around this level could provide temporary relief.

Web3Bay is reshaping e-commerce with a safer, more effective, and cost-friendly platform powered by smart contracts. These contracts execute on their own, ensuring precision and fairness without the possibility of external tampering. By committing to relinquish ownership after distributing non-team tokens, Web3Bay guarantees a system free from central control, promoting transparency and fairness.

Web3Bay is set to evolve into a Decentralized Autonomous Organization (DAO), enhancing its flexibility and maintaining its user-focused ethos. This transition is already garnering global interest. The presale for this web3 crypto has crossed the $1 million mark, with over 280 million tokens claimed. Investors getting in before the close of Stage 4 at a presale price of $0.004562625 per token have the prospect of a 4,200% gain upon launch, with a target price of $0.1959 per token.

The 60% surge in MANTRA underscores the potential of robust technology and solid fundamentals, whereas Ethereum