As of September 2018, the highest price ever for Ethereum was $1,417.38.
This record was set on January 4th, 2018. While Ethereum prices have fluctuated since then, this high point represents a significant milestone for the cryptocurrency.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
What Is Ethereum?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
NOTE: WARNING: Investing in cryptocurrency is a very high-risk activity, and you should exercise extreme caution when considering investing in Ethereum or any other cryptocurrency. The prices of Ethereum and other cryptocurrencies can be extremely volatile and unpredictable, so it is important to research and analyze the market before investing. Additionally, there is no guarantee that the highest price ever recorded for Ethereum will be achieved again in the future.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
What Is Ethereum Used For?
Ethereum can be used to codify, decentralized applications and protocols which automatically execute when specific conditions are met.
Ethereum is used for creating decentralized applications (dApps) and smart contracts. A dApp is an application whose backend code runs on a decentralized peer-to-peer network (like ethereum’s).
A dApp can have frontend code written in any language that can make JSON RPC calls to ethereum’s node software; however most dApps are written in Solidity which is ethereum’s native language for smart contracts. .
What Is The Highest Price Ever For Ethereum?
The highest price ever for Ethereum was $1,417.38 set on January 4th, 2018. While prices have fluctuated since then, this high point represents a significant milestone for the cryptocurrency.
3 Related Question Answers Found
As of January 13th, 2018, the highest price of Ethereum was $1,422.79. This was achieved on January 10th, 2018 on the Coinbase exchange. Prior to this, the highest price of Ethereum was $1,389.
68, which was also achieved on the Coinbase exchange on January 9th, 2018.
On January 13, 2018, Ethereum hit an all-time high of $1,448.38. This price was the result of a surge in Ethereum’s price that began in December 2017. The surge was caused by a combination of factors, including increasing interest in Ethereum from investors and speculation about the future of Ethereum.
The price of Ethereum is one of the most highly contested pieces of information in the world of cryptocurrency. And for good reason. After all, Ethereum is the second largest cryptocurrency by market capitalization, only behind Bitcoin.