Citi Raises Ethereum Target to $3,028 as AlphaPepe Surpasses $2.86M

Citi has raised its 12-month Ethereum target to $3,028, citing stronger crypto activity and renewed ETF inflows. This move is a significant upgrade from their previous target of $2,240.

Ethereum has seen a substantial price increase over the past three months, rising roughly 68% in that time. The asset's recent recovery suggests buyers have returned to the market, and its larger-than-life chart makes it one of the most established assets in crypto.

AlphaPepe, on the other hand, is still in presale and has managed to attract over $2.86 million in capital before its first public listing. This impressive figure comes from a growing holder base, with more than 12,200 participants already on board and over 100 new holders joining daily.