Ethereum: what is it and why has the price gone parabolic?
- Written by Paul J Ennis, Lecturer/Assistant Professor in Management Information Systems, University College Dublin
Welcome to web 3.0.Inked PixelsThe price of the world’s second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (£1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market capitalisation) of US$160 billion, although it has since fallen back to around US$140 billion.
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