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
Ethereum PRICE PREDICTION
As of today, the live price of Ethereum (ETH) stands at $1,819.95 USD, and the 24-hour trading volume is $5,687,376,815 USD. We continuously update the ETH to USD price in real-time. Over the last 24 hours, Ethereum has experienced a 0.59% decrease in value. Presently, it holds the #2 ranking on CoinMarketCap, with a live market cap of $218,688,129,448 USD. The circulating supply of ETH coins amounts to 120,161,621, while the maximum supply information is not available.