Ethereum, the world’s second-largest cryptocurrency by market capitalization, reached an all-time high on January 11, 2018, with a market cap of $132 billion. The price of ETH surged to $1,419.
79, following a major rally that began in early December 2017. The Ethereum network is a decentralized platform that runs smart contracts and enables developers to build decentralized applications (dapps).
The Ethereum network went live on July 30, 2015, with 72 million ETH pre-mined for the crowdsale. The price of ETH during the ICO was $0.311 per token. After the ICO, ETH traded around $0.
40 for the next two months before beginning a long bull run in March 2016 that took it to an all-time high of $14.30 by June 2016. The price of ETH then fell sharply over the next few months and traded in a range between $5-$12 from September 2016 to March 2017.
The price of ETH began to surge in April 2017 and reached an all-time high of $397.31 by June 13, 2017. The price then fell sharply over the next two months and traded in a range between $200-$400 from August to October 2017.
NOTE: WARNING: The Ethereum All Time High can be a volatile metric. Before investing or trading in Ethereum, always research the latest market data and proceed with caution. Investing in cryptocurrencies is high-risk and unpredictable, so always exercise caution when making decisions about your investments. Be sure to consult with a qualified financial advisor before making any final decisions.
The price of ETH surged again in November 2017 and reached an all-time high of $1,349.19 on January 11, 2018.
The Ethereum network has seen tremendous growth since its launch in 2015. The number of dapps built on Ethereum has increased significantly and the network is now being used by major organizations such as Microsoft and JPMorgan Chase.
The increasing use of Ethereum by enterprises and developers is likely to drive further growth in the price of ETH.
5 Related Question Answers Found
Ethereum was invented in 2015 by Vitalik Buterin, a Russian-Canadian programmer. Buterin had proposed the creation of Ethereum in a white paper in 2013. The Ethereum network went live on July 30, 2015.
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 of development and is not yet ready for mass adoption. However, the potential of Ethereum is immense.
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 allows users to create their own decentralized applications (dapps) and run them on the Ethereum network.
Ethereum’s all-time high was on January 13, 2018 at 1:417.38. The price of Ethereum has fluctuated a great deal since it was first created in 2015. In the beginning, one ETH was worth less than a dollar.
Ethereum push was launched on July 30, 2015. It 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.