Price prediction for Ethereum - The & second
King of Crypto world and may become 8
) first in a
decade.
@ Launched - July 30, 2015 - $0.30
All-TimeHigh- Nov 10, 2021- $4,891
Last time before pump - $146
Current price -28 Feb, 2024-$3,237
sos In this bull run - It may reach to $15,000
-35,000
It's more powerful than Gold, Real estate, business.
≥ Ethereum (ETH) was officially launched and went live on July 30, 2015.
The initial price at launch was around $0.30 per
ETH.
Ethereum is a decentralized platform that enables developers to build and deploy smart contract y and decentralized applications (dApps). It is powered by its native cryptocurrency, Ether (ETH), which is used to pay for transaction fees and computational services on the network.
It's important to note that the price of Ethereum at launch was determined through a public sale and exchange trading, so prices may have varied slightly depending on the plattorm.
The all-time high price of Ethereum (ETH) was reached on Nov 10, 2021, when it briefly surpassed $4,891.
There are several reasons why Ethereum has grown significantly in popularity and market capitalization since its launch in 2015:
1. Smart contracts and dApps: Ethereum introduced the concept of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code.
2. Network effects: Ethereum has a large and active developer community, as well as widespread adoption among businesses and projects looking to leverage blockchain technology. 3. Upgrades and improvements: The transition to Ethereum 2.0, which aims to move the network from proof-of-work to proof-of-stake consensus mechanism, is expected to further enhance the network's capabilities.
...
4. DeFi and NFTs
5. Market speculation and investment: Ethereum has gained popularity as a store of value and investment asset, similar to Bitcoin.
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$ETH
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