In recent times, the cryptocurrency market has witnessed a downfall in the prices of Cryptocurrencies after the Bitcoin Halving. This surge has sparked enthusiasm among investors while also raising concerns about the sustainability of Ether's bullish trajectory.
In this comprehensive analysis, we deep dive into various aspects surrounding Ether's price surge, addressing both the positive developments and potential challenges ahead.
This all-time high selling price of Ether $4,878.26 , which was recorded on 11/10/2021. Comparatively, the current price is 31.08% lower than the all-time high price.
With a current market capitalization of $411,850,641,532.00, Ether firmly establishes its dominance in the crypto space. This substantial market capitalization underscores the importance of Ether as a leading cryptocurrency.
There is no clear marks or signs that can show us that Ether can surpass $4,800 again. However after getting Today's Ether Coin Report and price predictions, investors are optimistic for its growth.
According to InvestingHaven's Price Predictions, the Ether reach a minimum price of $2,824.26 and a maximum price of $4,353.42 in 2027.
Absolutely, 2024 is really a great opportunity for Ethereum. Despite after high price volatility of Bitcoin after Halving, the altcoins like Ethereum and memecoins performs well.
Currently, the Ethereum price stands at $3,269.20, marking a -5.03% decrease within seven days.
Ethereum is no doubt one of the Good Investment in 2024 if it is rightly invested after proper research and analysis of the Ether price.
The Ethereum's Historical Prices are listed below in YOY period:
Year-wise Period | Avg. Price History |
---|---|
2013 (Birth of Ethereum) | N/A |
2014 (Beginning) | $0.30 |
2015 (The Genesis Block) | $0.50 - $3.00 |
2016 (The Rise of Ether) | $8.00 |
2017 (The ICO Boom) | $100 |
2018 (ICO Influenced Bubble Market) | $1,400 |
2019 (Consolidation and Recovery) | $100 - $300 |
2020 (DeFi Explosion) | $600 |
2021 (NFT Boom Era) | $4,000 |
2022 (Market Volatility) | $1,500 - $3,000 |
2023 (Mature Market) | $2,500 - $3,500 |
The Ethereum is currently at a staggering price of $3,362.27 within 1 week. The Market Cap is $410,018,640,628.00 and the total supply of $122275692.654242. The highest price paid for Ethereum (eth) is $4,878.26 , which was recorded on 11/10/2021. However, the lowest price paid for Ethereum (eth) is $0.43 , which was recorded on 10/20/2015.
In conclusion, the Ethereum is really a Good Investment in 2024 if it is made with right decision and analysis. However, you must know that the Crypto Market is very volatile and you must be aware of potential risks in this Market. We hope that you must get the right analysis done by our Crypto Research Team and we hope that your investment could be your lucky charm.
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This is Coin So Much. A blog that covers Cryptocurrency tips, news, airdrop strategies and coin reports.