When Ethereum launched in 2015, it was priced at around $2-$3 per ETH. The price slowly climbed throughout the years, and by the end of 2017, ETH was worth around $1,000. Ethereum experienced a huge surge in 2018, reaching a peak of over $1,400 in January 2018.
However, the price then crashed and fell back down to around $200 by December 2018. Ethereum has since rebounded and is currently worth around $230.
So what caused such huge swings in Ethereum’s price? Well, there are a few factors. Firstly, Ethereum is still a relatively new asset and thus is subject to more volatility than more established assets like Bitcoin.
NOTE: WARNING: It is important to note that Ethereum’s starting price is not reliable for predicting future prices. Ethereum’s price is subject to market fluctuations and can be highly volatile. Investing in Ethereum should only be done after thorough research and analysis of the current market conditions.
Secondly, the ICO boom of 2017 helped drive up the price of ETH as many projects were built on the Ethereum platform and raised money through ETH-based ICOs. And finally, the overall crypto market is still highly speculative and thus prices can be influenced by news and sentiment.
All in all, Ethereum is a very exciting asset with a lot of potential. It’s still early days for the asset class as a whole, so we can expect to see more volatility in the future.
However, over time, we should see the market mature and become more stable. So if you’re thinking about investing in Ethereum, don’t be discouraged by the volatility – it’s just part of the territory!.
9 Related Question Answers Found
In July of 2015, Ethereum launched a presale for ether, which is the native cryptocurrency of the Ethereum network. Ether is used to pay for transaction fees and computational services on the Ethereum network. The presale raised 31,591 bitcoins, which were worth about $18.
4 million at the time.
Ethereum started its journey in 2015 when it was first introduced to the world. At that time, Ethereum was priced at $0.30. In the following years, Ethereum saw a lot of price fluctuations.
In the summer of 2014, Ethereum was funded by a crowdsale. Crowdsales are a type of funding where instead of going to VCs or banks, a project raises money by selling tokens to the public. In Ethereum’s case, these tokens were called “Ether” and were sold in exchange for Bitcoin.
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.
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 selling for $740.79 as of 1:15 PM EST on January 17th, 2018. The price of Ethereum has been on a roller coaster ride over the past few months, and it seems that the market has finally stabilized somewhat.
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 still in its early stages and is not as widely used as Bitcoin. However, Ethereum has the potential to grow much larger than Bitcoin.
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 currently the second largest cryptocurrency by market capitalization, behind only Bitcoin. It is also the most widely used blockchain in the world.
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.
Ethereum profit is calculated by taking into account the cost of gas associated with each transaction. The gas cost is then subtracted from the total amount of ETH that is sent to the user’s wallet. The resulting number is the user’s net profit from the transaction.
