The price of Ethereum has gone up by more than 6200% since the beginning of the year.
Ethereum is currently trading at $379 on Poloniex. It recovered from a 24 hour low of $321 and managed to reach a 24 hour high of $380 making this an excellent start to the week. [image source: poloniex.com]
If we look at a 1 month chart with 30 minute candles then we can see that Ethereum prices have been picking up momentum since May 17th 2017. This is a good sign for investors because its shows that investor confidence in the Crypto-currency are improving. [image source: poloniex.com]
Ethereum has currently reached a Market Capitalization of $36 Billion. If Ethereum continues to grow at this rate then we could see it climbing to a Market Capitalization of $40 Billion dollars before the end of June 2017. [image source: coinmarketcap.com]
I am eager to see what the future holds for Ethereum. Please follow Bitcoinkings on Steemit for updates on the performance on Ethereum.
Just in case you haven't read my previous post on Steemit: Use Poloniex Lending Bot for Maximum Interest Earning Potential
