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<p class="is-style-lead">Ethereum (ETH) remains above the $2,000 support level. A crypto analyst notes that increasing whale activity could trigger the next bull run.&nbsp;</p> 
<p>Meanwhile, market participants have been tracking Celestia and Meme Moguls, expecting expansions in 2024.</p> 
<h2 class="wp-block-heading" id="rising-whale-activity-may-drive-eth-demand">Rising whale activity may drive ETH demand</h2> 
<p>Shortly after&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2023-11-09/blackrock-blk-filing-spurs-ether-eth-rally-as-etf-bets-fire-up-crypto" rel="noreferrer noopener">BlackRock filed</a>&nbsp;for an Ethereum ETF, prices broke the $2,000 resistance line.&nbsp;</p> 
<p>Thus far, despite the decline in the broader crypto market, ETH is firm above $2,000, further buoyed by increasing whale accumulation.</p> 
<p> You might also like: <a href="https://crypto.news/ethereum-turns-deflationary-as-validators-exit-and-defi-transactions-drop-57/"> Ethereum turns deflationary as validators exit and defi transactions drop 57% </a> </p> 
<p>Glassnode&nbsp;<a target="_blank" href="https://editorial.fxstreet.com/miscelaneous/F_serbZXQAAEOdi-638365048078144479.jpeg" rel="noreferrer noopener">reported</a>&nbsp;that for the first time in more than nine months, large wallet addresses have been steadily accumulating the coin.&nbsp;</p> 
<p>Accordingly, experts are bullish on ETH, expecting the coin to retest $2,140. Further gains will likely lift ETH towards $2,500.&nbsp;</p> 
<h2 class="wp-block-heading" id="celestia-bullish">Celestia bullish&nbsp;</h2> 
<p>On Oct. 31, <a href="https://crypto.news/interchain-foundation-holds-70m-stake-in-celestia-125m-in-atom/" data-type="post" data-id="14221517">Celestia</a> launched the world’s first modular blockchain network.&nbsp;</p> 
<p>The release saw TIA prices rise by over 70% in two weeks, reaching an all-time high of $7.38.&nbsp;</p> 
<p>Although TIA corrected to $5.70, investors continue to explore its prospects.&nbsp;</p> 
<p>Movement Labs also said they will scale the Move Virtual Machine layer-2 for Ethereum using the modular Celestia DA.&nbsp;</p> 
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   <p lang="en" dir="ltr">Introducing M2 with Celestia underneath<br><br>M2 is the first Move-based Ethereum L2 scaled using <a href="https://twitter.com/CelestiaOrg?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@CelestiaOrg</a>’s modular data availability layer, accelerating the creation of high-performance consumer apps.<a href="https://t.co/py6xKDeWAY" target="_blank">https://t.co/py6xKDeWAY</a></p>— Movement (@movementlabsxyz) <a href="https://twitter.com/movementlabsxyz/status/1727385496953958571?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 22, 2023</a>
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<p>At the same time, Lumoz plans to launch a ZK-powered solution, StableNet, on Celestia.&nbsp;</p> 
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   <p lang="en" dir="ltr">🚀 Lumoz's RaaS Day was a spectacular exploration of <a href="https://twitter.com/hashtag/Rollup?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Rollup</a> technology! 🌐 A massive thank you to our phenomenal keynote speakers and brilliant panelists who shared their expertise. Let's dive into the highlights of the enlightening panel discussions: <a href="https://t.co/BGIeAO1njm" target="_blank">pic.twitter.com/BGIeAO1njm</a></p>— Lumoz (Previously Opside) (@LumozOrg) <a href="https://twitter.com/LumozOrg/status/1725409690375307769?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 17, 2023</a>
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<p>Analysts forecast TIA to reach $10 in 2024.</p> 
<h2 class="wp-block-heading" id="meme-moguls-to-launch-exchange">Meme Moguls to launch exchange</h2> 
<p><a target="_blank" href="https://pr.mememoguls.com/1f1m7d" rel="noreferrer noopener">Meme Moguls</a>&nbsp;aims to create the first exchange dedicated to meme coins.&nbsp;</p> 
<p>This platform enables users to trade meme-based assets and earn tokens. It also has a user-friendly interface for an intuitive trading experience.</p> 
<p>Meme Moguls maintains the core element of meme coins: community-centeredness.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/ethereum-bulls-target-3k-meme-moguls-rising-shiba-inu-may-breach-0-00001/"> Ethereum bulls target $3k, Meme Moguls rising, Shiba Inu may breach $0.00001 </a> </p> 
<p>Users can freely engage, share insights, discuss trading strategies, and participate in healthy competitions.&nbsp;</p> 
<p>This fosters an environment where meme enthusiasts can build wealth from the rapidly growing meme coin sector.</p> 
<p>Meme Moguls has attracted significant interest from meme coin enthusiasts.&nbsp;</p> 
<p>Currently, MGLS, the native token, is available for $0.0021 in the ongoing presale.</p> 
<p><a href="https://pr.mememoguls.com/1f1m7d" target="_blank" rel="noreferrer noopener"><strong>Visit Meme Moguls</strong></a></p> 
<p> Read more: <a href="https://crypto.news/ethereum-may-retest-2500-investors-dig-into-meme-moguls-presale/"> Ethereum may retest $2,500, investors dig into Meme Moguls presale </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

Ethereum whales may trigger ETH rally, Celestia and Meme Moguls uptrend remain

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