Ethereum

Ethereum price seems to be gaining great grounds since the beginning of the year. Despite its occasional ups and downs, it has managed to continue a higher interest level for the traders and investors.

Let us understand the price analysis of the coin:

Ethereum Chart

  • Currently ranked at number 2
  • As per 10:01 UTC time, the market value of the coin was 26,615,808,200 USD.
  • Price of the coin is 250.62 USD.
  • 24-hour volume figures are 10,283,759,424 USD.
  • 106,198,878 coins are currently in circulation.
  • Return on investment is around 8,761.87%.

ETH Price Comparison:

  • On 7-February-19 10:01 UTC time, the price of the coin was 88 USD.
  • Looking at the price of the coin from 7-February-19 to date, there has been a massive rise in the price of the coin by 137%.
  • Since the fall in the month of February, the price of the coin has seen steady growth and bullish trend without any sharp decline to date.

ETH Price Prediction:

Looking at the current scenario, by the end of this year, the price of the coin is expected to reach around $450/ $500. With a potential bitcoin-prompted bull run, achieving the past unsurpassed high of $1400 is feasible by the end of 2020. Financial specialists can hope to start purchasing and selling Ethereum by means of their venture accounts in a similar way as they would other unregistered OTC securities in about fourteen days.

Conclusion:

The Ethereum establishment expects to convey scholastic inclusion to Ethereum, which would purportedly draw in top-level scientists and engineers and gives to scholarly groups and associations. Clearly, it is a very good investment with the kind of returns expected by 2020.

(Excerpt) Read more Here | 2019-05-26 00:25:53
Image credit: source

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