Finance

Ethereum’s Dip: Is This the Bottom? Plus, How a New GameFi Project Is Capturing Investor Attention

Ethereum‘s price dropped to $3,325 amid $154.2M outflows; meanwhile, the Tapzi presale gains traction.

November 6, 2025, 3:30 PM

Conceptual image showing hands giving thumbs up and down over Ethereum growth bar charts.

A visual concept showing positive and negative sentiment over a chart of Ethereum growth. By PumpedVisuals / Shutterstock.com.

Executive Summary

Ethereum’s price has fallen to $3,325, breaking critical technical support levels and experiencing $154.2 million in outflows, indicating potential further declines.

Amidst Ethereum’s downturn, Tapzi, a new skill-based Web3 GameFi project, is gaining attention with 68% of its presale token supply already sold at $0.0035 per token.

Tapzi aims for a sustainable ecosystem with a fixed token supply, offering competitive gaming, staking, and rewards, with a beta launch and mobile application planned for Q4 2025.

The Story So Far

Ethereum’s recent price decline, marked by a technical breakdown and significant market outflows, indicates a challenging period for the dominant cryptocurrency, prompting investors to seek new opportunities, with the emerging GameFi project Tapzi gaining attention for its rapidly progressing presale and skill-based Web3 gaming model that promises transparency and sustainability.

Why This Matters

Ethereum’s recent technical breakdown and significant outflows signal potential further instability and downside for a major cryptocurrency, indicating a cautious period for the broader market. This downturn, however, is simultaneously creating an environment where investors may seek diversification, drawing attention to emerging Web3 gaming projects like Tapzi, which offers a skill-based, transparent alternative and is rapidly progressing through its presale.

Who Thinks What?

Technical analysis and market data indicate that Ethereum is undergoing a technical breakdown with significant outflows, suggesting potential for further price declines towards the $3,000 to $2,800 range if it fails to reclaim resistance levels.

Tapzi, a new GameFi project, is emerging as a promising skill-based Web3 gaming opportunity, attracting investor interest with its rapidly progressing presale and a focus on competitive gameplay, transparency, and a sustainable economic model.

Investors are showing interest in diversifying their portfolios with new projects like Tapzi, especially as Ethereum navigates a period of consolidation and short-term growth challenges, seeking alternatives in the Web3 gaming sector.

Ethereum’s price has fallen to $3,325, breaking critical technical support levels and experiencing significant outflows totaling $154.2 million on November 5, signaling potential further declines. Amidst this downturn, Tapzi, a new GameFi project, is gaining attention with its rapidly progressing presale, presenting itself as a skill-based Web3 gaming opportunity for investors looking to diversify.

Ethereum Faces Technical Breakdown Amid Outflows

The recent dip in Ethereum’s price to $3,325 marks a technical breakdown, with the cryptocurrency falling below its multi-month ascending trendline and key moving averages, including the 20, 50, and 100-day exponential moving averages (EMAs).

According to CoinGlass data, $154.2 million exited the market on November 5, a trend often indicative of profit-taking or preparation for further selling pressure. This suggests Ethereum could continue to face downside, potentially targeting the liquidity zone between $3,000 and $2,800 if it fails to reclaim the $3,600 to $3,900 resistance zone.

Tapzi Emerges as a New GameFi Contender

As Ethereum navigates a period of consolidation and potential downside, Tapzi, a new project in the Web3 gaming sector, is attracting investor interest. The platform aims to combine competitive gaming with blockchain transparency, offering a skill-based model where players are rewarded based on performance rather than luck.

The Tapzi presale is progressing quickly, with 68% of its token supply already sold at a price of $0.0035 per token. The project emphasizes sustainability and fairness through its use of blockchain technology to ensure transparency within its skill-to-earn ecosystem.

Tokenomics and Future Roadmap

Tapzi’s tokenomics are designed to foster a sustainable and engaged ecosystem, with the $TAPZI token central to in-game activities, staking, rewards, and tournaments. A fixed token supply is intended to ensure scarcity and long-term value, distinguishing it from more volatile meme coins.

The project’s roadmap includes a beta launch in Q4 2025, alongside token staking, player rankings, and competitive prize pools. A mobile application for Android, iOS, and desktop is also slated for release in Q4 2025, with NFTs planned for early 2026 to add further utility to the platform.

Market Comparison

While Ethereum, a dominant force in the crypto market, grapples with short-term growth challenges and increased market outflows, Tapzi presents a contrasting narrative. The new project aims to carve out a niche in the Web3 gaming space by prioritizing competitive gameplay, transparency, and a sustainable economic model.