Fight for The Top Spot

I just woke up to Ethereum at $412.98 dollars on coinmarketcap.com with a total market cap of 38 billion dollars, only 9 billion behind Bitcoin! The two giants are battling it out, Ethereum taking the top spot is now entirely possible and I think it will eclipse Bitcoin for a short period before Bitcoin takes off again and breaks the $3000 barrier and reclaims its position at the top.

Ethereum Backing

Ethereum is backed by heavyweights in the tech and banking world including Microsoft, JP Morgan and Intel. I believe that the current price of Ethereum, being as high as it is, is still just a drop in the ocean compared to what the price could be a few years down the line.

Ethereum is still in its infancy and therefore it has much more to offer. If you feel like you've missed out on the Ethereum train, it's still not too late to invest. You'll be thanking yourself when Ethereum breaks the $1000+ mark, just wait for a dip in the price.

Thanks for reading, only invest what you can afford to lose and happy investing!