Ethereum is a decentralized blockchain system that operates on an open-source platform. It has its digital currency called Ether (ETH) and serves as a foundation for various other cryptocurrencies. Additionally, it enables the execution of decentralized smart contracts.
Vitalik Buterin outlined the concept of Ethereum in a whitepaper published in 2013. To fund the project, Buterin, and the co-founders organized a public crowd sale in 2014, during which they raised $18.3 million worth of Bitcoin.
The initial price of Ethereum during the Initial Coin Offering (ICO) was $0.311, and more than 60 million Ether were sold. Considering the current price of Ethereum, this translates to an impressive annualized return on investment (ROI) of over 270%, nearly quadrupling the initial investment each year since the summer of 2014.
TODAY’S Ethereum PRICE
| DATE | Ethereum | USD |
|---|---|---|
| Today | 01 | $1,859.95 |
As of today, the live price of Ethereum (ETH) stands at $1,859.95 USD, accompanied by a 24-hour trading volume of $4,198,493,271 USD. The cryptocurrency has experienced a 0.64% increase in value over the past 24 hours. Currently ranked #2 on CoinMarketCap, Ethereum’s market capitalization is estimated to be $223,740,534,852 USD. The circulating supply of ETH coins is 120,267,484, and the maximum supply information is not available. Please note that these figures are updated in real-time.
