How will Ethereum's price evolve? -FOCUS ON ETH #2

How will Ethereum's price evolve? -FOCUS ON ETH #2

By Trading Passion | Trading's Passion | 12 May 2020


Cryptoactive assets are very volatile assets. Investing in this asset class involves risks and anticipating price movements is very difficult. However, the history of Ethereum's price trends gives us information. In 2015, Ethereum quickly went from a few cents to ten dollars. But the asset then suffered a huge hack in 2016.

 

An episode known as TheDAO hack, an theft estimated at $ 50 million in ETH tokens. Following an extensive debate on network security and rules, the Ethereum community then split into two: Ethereum (ETH) and Ethereum Classic (ETC). ETH is now the cryptocurrency that is designated when talking about Ethereum. Following this bad patch, developments continued.

 

In 2017, Ethereum was at the origin of the ICOs (Inital Coin offering) frenzy. Its price soared, first from $ 15 to $ 400. With the bubble at the end of 2017, an ETH was worth almost $ 1,400 in early January 2018 before losing a lot of value, like all cryptocurrencies. In October 2019, the frenzy subsided and the developments to reach ETH 2.0 resumed.

 

An ETH is trading around $ 200. Ethereum is a project that meets a lot of needs and has a very large community around it. Many developments and developments are planned, which should lead to an appreciation of the value of the ETH token in the future. Ethereum is definitely a crypto project with great potential.


Trading Passion
Trading Passion

Crypto trader


Trading's Passion
Trading's Passion

Hello everyone, If you're looking for educational supports, trading ideas and fundamental analysis, this is the place to be !

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.