Ethereum price history

Is it a good idea to Buy Ethereum? When Bitcoin’s bull run started up again at the end of 2020, so did Ethereum. Most altcoins were not going anywhere, but Ethereum growing number of uses made investors realize how much it could grow. Most investors didn’t think that Ethereum (ETH) would go up as much as it did, but it went more than twice as high as it did in 2018. Since ETH has had a lot of ups and downs, let’s look at its past.

In 2013, programmer Vitalik Buterin developed Ethereum. In 2014, work on making the network and raising money for it began, and the network went live the following year. Ethereum is an open Blockchain that can be used to make smart contracts and is home to digital money, global payments, and apps. Buterin also made sure that people could build decentralized applications on the platform (DApps). We found a few great DApps that would be good investments for the future.

During 2015, the Ethereum price prediction went up and down, but it went up a lot at the start of 2016. From January to March 2016, investors saw their money grow by 1,300%, from just over $1 to $15.20. After that, there was a big correction, and the price dropped by more than half. ETH ended the year at just over $8. From January to March 2017, the price of Ethereum stayed about the same. But in March 2017, the price went up, and when it reached $53 in April, it went up even more.

The price kept going up for the rest of 2017, even though there were some big drops of 40%. But that didn’t stop Ethereum from setting a new ATH in January 2018 of $1,430. After the ATH in 2018, the price of Ethereum went down for a long time. In March 2020, when there were lockdowns around the world, the coin fell to $97. At the time, investors were very scared, but the drop was short-lived. In September 2020, Ethereum made a V-bottom and started going up, reaching $481.

The price range went all the way up to the end of November 2020. The Ethereum price prediction started going up in December and reached a new all-time high (ATH) of $4,300 in May 2021. Those who bought in during March 2020 saw their money grow by 4,600%. But it didn’t end there. Even though Ethereum value dropped by 60% after it reached an ATH, it rose again to reach a new ATH of $4,840 in November 2021.

Ethereum price prediction As of January 2023, the token is being sold for $1,217. The current Market Cap of Ethereum is $148 billion.

• In 2013, Ethereum was made, and the network went live in 2015.

• Prices fluctuated for the rest of 2015, but in 2016 they went up by 1,300%.

• By the end of 2016, the price had dropped to $8. In January 2018, it hit a high of $1,430.

• Because of global lockdowns in March 2020, the price fell to $97.

• In November 2021, Ethereum reached its all-time high, which was $4,840.