Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ether, also called “ETH” or “Ξ”, is the native currency of the Ethereum network. It is used to pay for gas, a unit of computation used in Ethereum.
Gas is necessary to ensure that developers write efficient code and make sure that the network remains healthy.
NOTE: Warning: Before purchasing or investing in digital currency, please ensure that you understand the current market value and associated risks. Investing in digital currency such as Ethereum can be volatile and unpredictable and may result in significant losses. All investments involve risk, including the loss of principal invested. Please consult a professional financial advisor prior to making any investment decisions.
The price of 1 ETH was $1,000 USD on January 1st, 2018. As of September 2018, it has fallen to around $200 USD.
The price of Ethereum is volatile and subject to change.
The value of 1 ETH will continue to fluctuate in the future as Ethereum’s popularity and use grows.
5 Related Question Answers Found
At the time of writing, 1 Ethereum is worth $340. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is used to build a decentralized internet and is also used by developers to create new tokens which can be used to represent digital assets.
As of July 25, 2018, 1 Ethereum is worth $406.54 USD. This value has been incredibly volatile over the past few months, and it is not clear where it will go in the future. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
When it comes to digital currencies, there is no denying that Ethereum is one of the most popular options available on the market today. In fact, Ethereum is the second largest digital currency in terms of market capitalization, second only to Bitcoin. So, what is the price of 1 Ethereum?
As of July 25, 2017, 1 Ethereum is worth $219.42 USD. Ethereum has had a very eventful year so far. It has seen incredible highs and some devastating lows.
As of July 2020, the price of 1 Ethereum is around $230 USD. This is down from its all-time high of over $1,400 in January 2018, but still up from its initial release price of just $0.
31 in 2015. So, how much does 1 Ethereum cost now, and what factors are influencing its price?.