Ethereum Reaches an Incredible New High!
A Huge Altcoin
Along with Bitcoin, Ripple, and Litecoin - Ethereum is certainly one of the biggest names in the world of electronic monetary items. After Bitcoin's drastic increase, I wasn't expecting to observe anything drastic to happen with the Ethereum coin. However, I am very glad that I invested! Here's why;
A New High
Last week (the first week of 2018), Ethereum achieved a value greater than 1,000 United States dollars (USD) per Ethereum (ETH) coin. The last time I checked, the cryptocurrency was worth more than 1,100 USD per coin!
The Bigger Picture
Let's put all of that information into perspective. At the time of the initiation of the Gregorian year of 2017, one Ethereum coin was only priced at less than nine USD. Solely in the last 30 days, ETH has had an increase of nearly 150%. In case anyone was wondering - that's a lot!
Going On Up
I will, here, place the synthesis of additional observations concerning these matters. Bitcoin, Bitcoin Cash, and Litecoin have seen a great many large decreases in their worth in recent times. However, Ethereum seems to be the one large electronic currency which, in comparison, has a better consistency in its uphill climb.
That is not to say that ETH coin will not possess a giant decline in value in the future. I do not claim to give any absolute monetary statements about the future. Still, I remain very optimistic and for good reasons!
Do you own any Ethereum coins?
ETH has definitely had its ups and downs. Regardless, I see an overall increase in cost. That being stated, I feel as though ETH values should pursue in its escalation upwards with enough time, but who knows what the future may or may not hold?
© 2018 Alexander James Guckenberger