As of July 25, 2017, the current price of Ethereum coin is $217.52 USD. The price of Ethereum has seen a lot of UPS and downs in its short history. In March of 2017, the price of one ETH was around $20 USD.
By June, the price had risen to over $300 USD. However, in July, the price dipped back down to around $200 USD. Despite this volatility, the overall trend seems to be positive, with a modest steady increase over time.
What is driving the price of Ethereum? Many experts believe that the rise in popularity of Initial Coin Offerings (ICOs) is one of the main factors. ICOs are a new way for startUPS to raise capital by issuing their own digital tokens in exchange for ether (the native currency of Ethereum).
This has led to a lot more demand for ether, and has helped drive up the price.
NOTE: WARNING: The current price of Ethereum Coin is highly volatile and could dramatically increase or decrease in value at any time. Investing in or trading Ethereum Coin can result in financial losses. Investing or trading cryptocurrency carries a high degree of risk and you should only invest what you are willing to lose. Before investing or trading, please seek professional financial advice.
It’s also worth noting that Ethereum has a lot of potential uses beyond being a currency or a platform for ICOs. For example, Ethereum’s smart contract technology could be used to create decentralized applications (dapps) that could revolutionize many industries.
As more and more people become aware of Ethereum’s potential, it’s likely that the price will continue to rise.
So what is the current price of Ethereum coin? As of July 25, 2017, one ETH is worth $217.
However, given the volatility of cryptocurrency prices, this figure could change rapidly in either direction.
9 Related Question Answers Found
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 decentralized applications (dapps) on its platform. The most popular dapp built on Ethereum is CryptoKitties, a game that allows players to breed and trade digital cats.
As of September 2019, the price of one Ethereum coin is about $198. This value is subject to change and fluctuation, as Ethereum, like all cryptocurrencies, is not backed by any physical asset or government. The value of Ethereum is instead determined by market factors, such as supply and demand.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, Ethereum founders Vitalik Buterin, Gavin Wood and Jeffrey Wilcke started work on a next-generation blockchain that had the ambitions to implement a general, fully trustless smart contract platform. Ethereum is often described as a digital currency but here’s something important to keep in mind: Ethereum is much more than that.
In order to understand how much a Ethereum coin is worth, one must first understand what Ethereum is. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation.
In order to understand how much a coin on Ethereum is worth, one must first understand the basics of the Ethereum network. 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, sometimes called “Ethereum gas”, is the cryptocurrency that powers the Ethereum network.
The value of Ethereum has fluctuated wildly in its short history. At its launch in 2015, the price of one ETH was just $0.43. In the years since, the price of Ethereum has reached highs of over $1,400 in early 2018 before dropping back down to around $200 in 2019. 2020 has seen a resurgence in the price of ETH, with it reaching over $700 at the time of writing.
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 a programmable blockchain. It means that developers can create applications that run on the Ethereum network.
As Ethereum’s popularity continues to grow, so does the price of its coin. In the past year alone, the price of Ethereum has more than quadrupled. And experts believe that this trend is likely to continue in the years to come.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, Ethereum founder Vitalik Buterin proposed that Ethereum could be used to build “decentralized applications” (dapps). Dapps are open source and run on a blockchain, usually Ethereum’s, with each dapp having its own token.