Cryptocurrency Ethereum’s market value reaches US$398.7 billion

Hong Kong Economic Times, Ether (ETH) hit a record high again. According to the coin desk platform, as of 8:4 in the morning, the latest ETH was 3446 US dollars, which was as high as 3456 US dollars. Within 24 hours Rose nearly 16%.

The market value of Ether has surpassed the Bank of America, Disney, Home Depot, and other major American companies, and the latest market value reached 398.7 billion U.S. dollars, second only to Bitcoin’s 1.06 trillion U.S. dollars. Ether has increased 3.6 times this year, which is nearly double the year-to-date increase of Bitcoin.

Join us on Telegram

Vitalik Buterin, a Russian-Canadian who founded the blockchain platform Ethereum, has now become the world’s youngest crypto billionaire. According to reports, Vitalik Buterin currently holds 333520 ETH, which is worth close to US$1.15 billion based on the calculation of US$ 3,446 in Ether.

Some analysts predict that Ether will reach US$5,000 within 7 days. It is believed that Ether is one of the main beneficiaries of the broader explosion of the cryptocurrency market.

Trending News

To Top