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.
The native currency of the Ethereum network is called ether. Ether is used to pay for transaction fees and computational services on the Ethereum network.
Cryptocurrency prices are highly volatile and subject to rapid changes. This means that the price of Ethereum Coin can change drastically from one moment to another. Therefore, it is important to be aware of these risks before investing in any cryptocurrency. It is recommended that you do your own research and understand the potential risks before buying or selling any cryptocurrency.
The price of ether fluctuates based on demand and supply. When more people want to buy ether, the price goes up.
When there is more selling pressure, the price goes down.
The current price of ether is $197.52, up 1.
72% from yesterday.