Assets, Ethereum

Can Ethereum Make You a Millionaire?

As of September 2019, Ethereum has a market capitalization of $19.4 billion and a price per coin of $207.31.

85 million ETH were mined in the genesis block, and 5 ETH are created every block mined thereafter. There is no hard cap on the total supply of ETH.

Ethereum’s popularity has grown exponentially in recent years. While Bitcoin is often thought of as the digital gold standard, Ethereum is seen as the digital oil due to its use in powering smart contracts and decentralized applications (dApps).

Investors are bullish on Ethereum because they believe in the project’s long-term potential. While there is no guarantee that Ethereum will make you a millionaire, there is a good chance that it will appreciate significantly in value over time.

Ethereum has already made some investors very wealthy. For example, early investor Vitalik Buterin is now worth an estimated $400 million.

If you had invested just $1,000 in Ethereum during the ICO in 2014, your investment would be worth over $4 million today.

Of course, past performance is not indicative of future results. But if you believe in Ethereum’s long-term vision and its potential to revolutionize the way we interact with the digital world, then investing in Ethereum could make you a millionaire in the years to come.

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