Ethereum Price is at a current level of 1734.79, up from 1719.27 yesterday and up from 1125.75 one year ago. This is a change of 0.90% from yesterday and 54.10% from one year ago.
Ethereum's price today is US$1,664.68, with a 24-hour trading volume of $5.7 B. ETH is +1.85% in the last 24 hours. It is currently -9.76% from its 7-day all-time high of $1,844.67, and 2.21% from its 7-day all-time low of $1,628.66. ETH has a circulating supply of 120.21 M ETH.
What is Ethereum price today? Ethereum is down by -0.24%. Ethereum price as on Jun 19, 2023, 06:55 PM was Rs 1,41,874.
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ethereum is 'Strong Sell'.
It's important to note here that Ethereum losing the entirety of its value is highly unlikely, and the same goes for other popular coins like Bitcoin. We've seen many smaller coins drop to zero, especially those with a very short history in the market.
Conclusion: Yes, Ethereum Can Reach $100K
The main reasons behind this are the increasing use of Ethereum in the world of digital bonds, real estate, and government and central bank usage of the blockchain network on a state level.
Ethereum Supply is at a current level of 120.21M, down from 120.21M yesterday and up from 119.38M one year ago. This is a change of -0.00% from yesterday and 0.69% from one year ago.
For 2022-3 in general, we think recession risks pose a risk to ETH and so now might not be the best time to buy ethereum if you have a medium-term outlook. We think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.
Ethereum Price Prediction Overview: According to our analysis, ETH coin is expected to reach a maximum price of $2,469 in 2023, $4,615 in 2025, and $14,088 in 2030. Ethereum (ETH), the second-largest crypto after Bitcoin, has skyrocketed in value since its creation.
The conversion value for 100 ETH to 182802 USD. BeInCrypto is currently using the following exchange rate 1828.02. You can convert ETH to other currencies like BTC, ADA or USDC. We updated our exchange rates on 2023/05/27 12:09.
Ethereum leverages blockchain technology for its decentralized, transparent system. The technology enables functionality beyond digital currency, such as decentralized applications and smart contracts. The developer community is one of the largest. The Ethereum platform processes transactions faster than Bitcoin.
In 2015, the year that Ethereum first launched, the price started at around $0.74 and the lowest closing price for ETH was $0.42.
Investment Demand: As a popular cryptocurrency, Ethereum is often in demand as an investment asset. This demand can drive up its price, making it a potentially profitable investment.
The all-time high of Ethereum is $4,891.70.
Buterin is the inventor of Ethereum, described as a "decentralised mining network and software development platform rolled into one" that facilitates the creation of new cryptocurrencies and programs that share a single blockchain (a cryptographic transaction ledger).
Bitcoin is up about 80% for the year, while Ethereum is up about 60%. On the surface, it would appear that Bitcoin is clearly the superior investment in 2023.
Assuming these numbers, to be a millionaire you will need: Worst case scenario: 39 ETH or $82,000 at current prices. Conservative Model: 29 ETH or $61,355 at current prices. Aggressive Model: 18 ETH or $38,243 at current prices.
As a major milestone that has been forecasted by analysts and experts for Bitcoin (BTC) to reach in the long term, many traders and investors also want to know if Ethereum can hit $50,000 someday. YES! Ethereum could reach $50,000 by the end of 2029 as per the price forecast of experts at the Price Prediction.Net.
As of May 2022, it is believed that around 50 million people hold Ethereum with a non-zero balance.
Ethereum Cumulative Unique Addresses is at a current level of 234.90M, up from 234.81M yesterday and up from 198.73M one year ago. This is a change of 0.04% from yesterday and 18.20% from one year ago.
As the world's second-largest crypto coin by market cap, Ethereum proved an excellent investment choice with an impressive five-year return rate. According to data presented by BlockArabia.com, a $1,000 investment in Ethereum five years ago would be worth nearly $195,000 today, bringing a whopping 19,400% gain.
Ethereum could reach $20,000 by 2025 according to a Finder's panel. Ethereum has since been gaining momentum, starting out at $1,000 at the beginning of the year and reaching an all time high of $4,196.63, according to Coin Metrics.
However, there are necessary conditions for Ethereum to reach a value of $10,000. One crucial factor would be the continued restoration of investors' trust in the crypto market, which needs to be widespread to establish a conducive atmosphere for Ethereum's substantial and sustained growth.