Ethereum or Ether prices are back again on their track collecting more than 40 percent starting from May 13th afternoon to May 14th morning. As currently many other digital currencies are also experiencing some improvements, Ether prices have also recorded some strength recently.
A few days back, the cryptocurrency was struggling in the market after it suffered a prominent sell-off where its price value saw a downfall of more than 50 percent. However, the figures got changed in the favour of Ethereum in the upcoming days. As per the data report of CoinDesk, on May 14th, the digital currency reached around $110.68 in the morning which was a big improvement from the May 13th low of $78.39.
Ethereum Price
As of today’s date, at the time of writing the price of Ethereum or one Ether coin is equal to around 3,815.42 United States Dollar, which in Indian currency makes it around Rs. 279590. However, the price range as per today’s evaluation may hover between $3625 and $3879. Earlier, the Ether coin price on the closing of the previous day was $3644. The change that was observed in the price range was +221 and +6.06 percent.
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Ethereum Price Prediction (May 2021)
The Ethereum or Ether price prediction for this month i.e. May 2021 is quite optimistic. At the beginning of the month, the Ethereum price was around 2940 Dollars. The maximum price expected of Ether coin to reach $4381, while the minimum price can fall at $2750. The average Ethereum Price for this month (May 2021) is to be expected at $3502. However, at the end of the month, it is quite possible that Ethereum price could reach $4094, according to the price forecast and it may possibly change for May at 47.5 percent.
Ethereum Price Live Market Chart
At the time of writing, the Ethereum price has hit the $3,800.87 mark and has recorded the -1.68 percent change from the last 24 Hours. The market cap of Ethereum or Ether coin is recorded at $440.48B. Here is the market chart of Ethereum Price, as of today’s date.
Ethereum Price (USD): $3,800.87
24 Hours Change (percent): -1.68%
Market Cap: $440.48B
Volume (24 hours): $60.68B
About Ethereum
Ethereum is one of the leading open-source blockchains and has Ether (ETH) as its native cryptocurrency. The cryptocurrency of Ethereum is Ether (ETH) and it is generated as the only digital currency that has been accepted in the transaction fees paid, which automatically also go to miners as well.
Bitcoin which is leading the digital currency market, Ethereum on the other hand is the second-largest cryptocurrency after Bitcoin as far as market capitalization is concerned. Because of this Ethereum need to consistent and is also considered to be the highest actively used blockchain as compared to others. Ethereum was proposed by programmer Vitalik Buterin in the year 2013 and launched initially on 30th July 2015, which marks five years of its release.
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