【】
Ethereum, the third largest cryptocurrency by market cap, has crossed the price of $1,000 per one ETH for the first time.
It's currently trading at $1,016 with a $98.3 billion market cap, according to CoinMarketCap.
SEE ALSO:Ripple and Ethereum keep breaking records while Bitcoin takes a back seatOften referred to as Bitcoin's little brother, Ethereum is actually a vastly different project than Bitcoin. While Bitcoin is primarily a payment platform and a currency, Ethereum is a platform for decentralized apps. This is what makes it extremely important in the world of cryptocurrencies -- in 2017, there have been hundreds of projects that raised funds using the Ethereum platform, and many more are lined up.
As always, it's nearly impossible to pinpoint the exact reasons behind this latest price increase. On Dec. 31, Ethereum's development team launched the test network for Casper, a significant upgrade for Ethereum which is currently in alpha stage. Additionally, the entire cryptocurrency market has been extremely bullish in the past couple of weeks; the current market cap of all cryptocurrencies put together is at a record $767 billion.Ethereum recently lost its long-held place as the second-largest cryptocurrency to Ripple, which has had an absolutely incredible rally that started on Dec 12: From about $0.25 to the current price of $3.70 per XRP, and a market cap of $144.6 billion.
The largest cryptocurrency out there is still Bitcoin, with a price of $15,027 and a market cap of $252.2 billion at time of writing. Its price dropped 1.17 percent in the last 24 hours.
Disclosure: The author of this text owns, or has recently owned, a number of cryptocurrencies, including BTC and ETH.
Featured Video For You
People are spending millions on virtual CryptoKitties
相关文章
Metallica to seek and destroy your eardrums with new album this fall
Metallica was never going to keep quiet forever. 。 The band has announced its new album, Hardwired&he2024-09-20- 英格蘭:兵強馬壯誌在衝冠 心態是三獅軍最大短板_索斯蓋特www.ty42.com 日期:2021-11-19 07:31:00| 評論(已有314580條評論)2024-09-20
- 阿根廷 :功利至上鑄鋼鐵防線 有望擺脫梅西依賴症_比賽www.ty42.com 日期:2021-11-19 07:31:00| 評論(已有314578條評論)2024-09-20
- 中國足協公告:水慶霞擔任中國女足主教練_辦公會www.ty42.com 日期:2021-11-18 18:31:00| 評論(已有314554條評論)2024-09-20
Here's George Takei chilling in zero gravity for the 'Star Trek' anniversary
There's nothing like good friends, good memories and zero gravity to celebrate a milestone. 。In honor2024-09-20- 重慶停訓後仍有球員自發訓練 有工作人員刷爆信用卡欠下外債_兩江www.ty42.com 日期:2021-11-19 07:31:00| 評論(已有314570條評論)2024-09-20
最新评论