Assets, Ethereum

At What Price Did Ethereum Start?

In July of 2015, Ethereum launched a presale for ether, which is the native cryptocurrency of the Ethereum network. Ether is used to pay for transaction fees and computational services on the Ethereum network. The presale raised 31,591 bitcoins, which were worth about $18.

4 million at the time. The Ethereum Foundation, the organization that oversees Ethereum’s development, received about 60% of the funds raised in the presale.

Ethereum’s public blockchain launched on July 30, 2015. On that day, the price of ether was $2.83. Since then, the price of ether has fluctuated quite a bit.

NOTE: WARNING: As with any investment, there is a risk involved when investing in Ethereum. Before making any decisions, be sure to do your research and understand the potential risks associated with investing in Ethereum. Additionally, the price of Ethereum can fluctuate significantly, and past performance is not necessarily indicative of future results. Therefore, it is important to consider the current market conditions before making any investment decisions.

In March of 2016, ether hit an all-time high of $15.40. However, in September of 2017, the price of ether fell to around $290 after a widespread hack known as the DAO hack occurred on the Ethereum network. As of June 2018, the price of ether is once again on the rise and is currently trading at around $520.

So at what price did Ethereum start? The answer is $2.83 per ether.

However, since then, the price of ether has seen a lot of UPS and downs.

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