what if you buy?
While an investor with a little head in the air is still looking for his password to recover $ 200 million in Bitcoin, Ethereum (ETH) is slowly, but surely, gaining ground in the cryptocurrency market. ETH could even take over the number one spot in cryptocurrencies.
As a reminder, ETH is currently the second most important decentralized cryptographic currency, with a capitalization of over 37 billion euros in November 2020. We are still very, very far from Bitcoin, however, with its capitalization of 545 billion dollars as of January 1, 2021.
Ethereum becomes the king of transactions
Although Bitcoin remains far ahead at the capitalization level, the situation is not the same on the transaction side. Indeed, the recent rise in Ether prices has boosted the overall value of daily trading. As a result, Ethereum is now posting a record $ 12.3 billion in daily transactions and ahead of Bitcoin, with “only” $ 9.3 billion in securities traded each day.
Since then he has come a long way,
the red line reached,
New all-time high at $ 1,440#Ethereum https://t.co/dkgtsopxMt– Xavier FENAUX (@XFenaux) January 19, 2021
In addition, the Ether experienced this Tuesday, January 19 its highest level of ATH, for All Time High. This term simply describes the highest value reached by a cryptocurrency. So, ETH is now at $ 1,439.33. Since the start of 2021, Ether has experienced exponential growth of 90%, compared to 27% for Bitcoin. It’s simple, since its creation in 2015, ETH shows a total growth of 1000%.
Read also: Jaxx Liberty – the best Bitcoin & cryptocurrency wallet
Towards a coronation of Ethereum in 2022?
According to the BlockChain Center site, ETH could eventually replace Bitcoin on the cryptocurrency throne. According to the Flippening Index, an index that determines the steps ETH must take to overtake Bitcoin, Ethereum completed 63.5% of required tasks. The arrival in 2022 of version 2.0 of Ethereum could well upset the established order, and who knows we could see the fall of Bitcoin.
You can imagine, the success of ETH made the fortune of its creator Vitalik Buterin, who today holds a digital wallet of 470 million dollars. In 2019, his fortune was only $ 58 million.
Where to buy Ethereum safely?
If you want tobuy Ethereum to invest, buy or speculate, we can only advise Coinhouse. This French company is the first player registered with the Autorité des Marchés Financiers (AMF). A pledge of seriousness. The company offers customer service based in France, the ability to buy Bitcoin, Ethereum, Litecoin, etc. Coinhouse also allows you to keep your investments on its platform or switch them to a software or physical wallet. Cherry on the cake : it’s free.
Source: Journal du Coin
