Ethereum Back in Second Place in CoinMarketCap

0

Ethereum the second most popular cryptocurrency suffered a big drop in 2018 loosing more than 80% of its value going from $1400 to $83. At the same time in the last months losing the second position in the coinmarketcap.com index. Ethereum suffered a massive sell-0f in summer which was caused mostly from ICOs selling their ETH funds.

But today 2 January 2019 it seems that Ethereum regained the second position and it is changing hands at $150 at the time of writing. Ethereum almost doubled in price in the last 30 days after hitting the $83 mark which is the lowest price for 2018.

Enthusiasm has spread through social media after ETH returned where it belongs.

Others say that this will be short-lived until another ICO dumps Ethereum again.

However, in the last 30 days Ethereum is doing a great performance so let enjoy this and maybe if Ethereum continues the uptrend other coins will follow.

Share.

About Author

Ethan Hunt

Bitcoin Maximalist and Toxic to our banking and monetary system. Separation of money and state is necessary just like the separation of religion and state in the past.

Disclaimer: All content found on 7bitcoins.com is only for informational purposes and should not be considered as financial advice. Do your own research before making any investment. Use information at your own risk.

Leave A Reply