|Brief||Ether is the second most popular cryptocurrency, the price of which has grown nearly 100 times in 2017. It is the native cryptocurrency of Ethereum blockchain platform, where one can create decentralized applications.|
|Last updated:||Sunday, August 25, 2019 11:58:23AM UTC|
|Current price, USD:||190.415|
|Current price, BTC:||0.0187752|
|Market capitalization, USD:||20 463 174 559|
|Available supply:||107 466 004 ETH|
|Volume 24 hours, USD:||5 459 997 938|
General ETH facts, technical details and general information about Ethereum crypto currency
Ether is the second most popular cryptocurrency, the price of which has grown nearly 100 times in 2017. It is the native cryptocurrency of Ethereum blockchain platform, where one can create decentralized applications (or “dapps”) without intermediaries. The potential use of Ethereum blockchain is vast: from projects in business development to managing identity, from currency exchanges to crowdfunding and more. Some analysts believe, Ether is one of the most credible cryptocurrencies as its platform allows to create new blockchains easier – and that advances the whole digital industry. This broader usage in the tech space is perceived as the biggest advantage of Ether which has provided it with a strong investor support.
We list daily Ethereum historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Aug 16||187.793||182.26||188.581||19 915 588 739|
|Aug 17||184.729||183.005||186.557||19 936 235 953|
|Aug 18||185.681||184.201||196.834||20 889 647 744|
|Aug 19||193.657||193.657||203.092||21 810 324 618|
|Aug 20||201.596||196.089||201.596||21 112 106 339|
|Aug 21||194.711||182.82||194.711||20 078 108 409|
|Aug 22||186.926||184.121||193.893||20 565 707 327|
|Aug 23||191.314||190.535||195.58||20 920 364 879|
|Aug 24||193.627||188.117||193.735||20 535 877 758|
|Aug 25||190.541||189.258||191.164||20 463 174 559|
|ETH price change 24 hours||0.85%|
|ETH price change 7 days||-0.01%|
Ethereum has been bouncing between $160-$170 for days. This zone has shown that’s its a strong point for accumulation, and therefore we are likely to see a large bounce from this point. Between BTC ratio and USD value, ETH is poised for a huge move in the green as it shows a direct similarity to that of BTCs 3k bottom and the 2016-2017 fractal pattern before ETHs massive bullrun. It’s safe to say that ETH is an obvious move at this point.
Everyone always says to buy BTC when in fact you should also be buying ETH. ETH has so far provided larger gains in the last two bull runs. In 2017, if you bought ETH when it was $17, then you would have drastically out performed BTC when it was $900. Again, earlier this year ETH was at $70, and it already did a 2x from its low. BTC on the other hand still hasn’t cracked a 2x from its 2019 low. This shows that even though most people see BTC as the ultimate coin, you would have consistently outperformed it with ETH. ETH is so undervalued it’s not even funny anymore, but this makes it a second chance for everyone that missed the boat in late 2016 and early 2017.
Ethereum is still the biggest coin to watch over the next 3-5 years. BTC is the new store of value/ gold equivalent for this generation, but ETH is going to prove itself to be as invaluable as the App was for the internet. It makes zero sense to not invest in ETH, or atleast own a significant sum for the real liftoff. ETH has been channeling in a heavy accumulation zone for months. Once it breaks out we’re going to see it back in the 1200 dollar range in no time.
Ethereum still hold the 2nd spot. The bull market is finally back on the table and ETH stands to make atleast 10x gains. This coin has always performed because nearly every developer in the blockchain space is related to or works directly with ETH. Although there are other hype coins out there, none have the staying power of ETH. The developer community backing Ethereum is second to none, far outweighing that of Bitcoin's core team. If you're looking for a guaranteed 10x, look no further than ETH.
ETH is still one of the most exciting coins on the market. Their endless use cases still put it up rightly as #2 on CMC. Ethereum should never be replaced by tron every again. ETH has the most developers, the most traction for the next step for blockchain technology. Exciting times ahead.
We publish the most accurate Ethereum Forecasts and News including crypto industry experts' opinion on a daily basis
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