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Topic: Ethereum Price Achieves $752, Up 20% in 24 Hours - page 2. (Read 255 times)

legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
there is a lot of pumps going on these days.
all the new money that has came in is not thinking about multiplying itself and because of that it is being poured into altcoins. but the dangerous part is that most of them are newbies who don't know anything about altcoins and they may get dumped on hard.
the losses will be great for these newbies and we can just hope the damage to cryptocurrency market isn't have big.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I'm really glad due to this growing. I hope we will see ETH at $1000 even at this year, it would be just wonderful.

Ethereum has achieved it's All Time High this week and it has been a good feeling for me since I am a huge ETH believer.
But DASH is a good competitor to ETH since when ETH was $400 DASH jumped to $700 and now when ETH has raised to $750 DASH has raised to a whopping $950. DASH has been competing with ETH to see who reaches the $1000 target first. DASH is very close to achieve the target but ETH will reach the target soon. It will really be a good feeling to see ETH cross $1000 and the new year might be a boom with this achievement.

I don't think it's correct to compare the price of ETH and DASH. It's much better to compare their caps.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Ethereum has achieved it's All Time High this week and it has been a good feeling for me since I am a huge ETH believer.
But DASH is a good competitor to ETH since when ETH was $400 DASH jumped to $700 and now when ETH has raised to $750 DASH has raised to a whopping $950. DASH has been competing with ETH to see who reaches the $1000 target first. DASH is very close to achieve the target but ETH will reach the target soon. It will really be a good feeling to see ETH cross $1000 and the new year might be a boom with this achievement.
newbie
Activity: 4
Merit: 0
The Ethereum price has surpassed $752 for the first time in history, recording a staggering 20 percent increase in value over the past 24 hours, led by the US market.

Throughout the past few days, the US market accounted for nearly 25 percent of global Ether trades. GDAX, the flagship cryptocurrency exchange of Coinbase, and Bitfinex processed 23 percent of the global Ethereum exchange market’s Ether trades.

Currently, the daily trading volume of Ether is close to $5 billion, more than four times larger than Bitcoin Cash, the third largest cryptocurrency in the global market behind bitcoin and Ethereum.

What is Pushing Ethereum Price Up?

Earlier this month, billionaire investor Mike Novogratz predicted the price of Ether to increase by three-fold throughout 2018. In terms of developer activity and transaction volume, Ethereum remains as the only public blockchain network which can compete against bitcoin.


In fact, as of current, the Ethereum blockchain network processes more transactions than all of the cryptocurrencies in the market including bitcoin combined at 820,000 transactions per day.

Decentralized applications such as CryptoKitties and EtherDelta have also demonstrated the potential of Ethereum as the base protocol for decentralized exchanges and digital asset trading platforms, which is an application that is useful beyond finance.

As A16Z partner and Earn.com CEO balaji Srinivasan stated, “Why is CryptoKitties actually important? It’s one of the first examples of what people have been talking about for years: frictionless international trading of digital assets (not just cash!) on a blockchain.”


Already, CryptoKitties has processed $15 million worth of digital kittens within the past two months and other dapps like EtherDelta have also been processing more than 80,000 transactions on a daily basis.

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