Today, on May 16th, the rate of the second cryptocurrency in terms of capitalization level, Ethereum, rose more than to 263, 89 US dollars. Cryptocurrency showed a large increase by as much as 16.22%.
Ethereum cryptocurrency growth
According to statistics, the second cryptocurrency in terms of capitalization, Ethereum, (ETH) at the time of this writing is worth 263.89 US dollars. The overall increase in the value of the coin was about 16.22%. The cost of the asset in Bitcoin equivalent was 0.03275975 BTC out of a corresponding increase of 15.18%.
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In addition, the total market capitalization of the asset also increased, which today amounted to US $ 27.99 million, which is equivalent to 3,475,423 BTC.
The average tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details volume on the morning of May 16th is $16.1 million, equivalent to 1,999,272 BTC. At the same time, the indicator of circulation supply was fixed at 106 088 190 ETH.
As is well known, the Ethereum concept was developed by programmer Vitalik Buterin back in 2013. The blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details platform is based on the ERC20 protocol and is also compatible with the smart-contract system. The Ethereum platform allows developers to create unique dapps applications, as well as operate with an internal ETH cryptocurrency.
The highest rates of the course were recorded on January 13, 2018. Then the value of the coin rose to more than $1,435. At the same time, the minimum price of Ethereum was fixed in October 2015, when the weak exchange rate fell to $0.420897.
The cost of Ethereum cryptocurrency rose by more than 16 percent. Recall that one of the founders of cryptocurrency, Charles Hoskinson, on May 14th spoke about his new project.
Editor: Godfrid Brower