Ethereum Achieves Market Capitalization of $421.74 Billion (ETH)

Ethereum (ETH) traded down 1.5% against the dollar during the 1-day period ending at 11:00 AM ET on November 13th. Over the last week, Ethereum has traded up 3.4% against the dollar. One Ethereum coin can currently be purchased for $3,494.21 or 0.03393835 BTC on exchanges. Ethereum has a total market capitalization of $421.74 billion and approximately $38.53 billion worth of Ethereum was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• Cardano (ADA) traded down 2.2% against the dollar and now trades at $0.56 or 0.00000548 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.13 or 0.00000124 BTC.
• Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.18 or 0.00000173 BTC.
• Avalanche (AVAX) traded 1.8% lower against the dollar and now trades at $17.29 or 0.00016796 BTC.
• Uniswap (UNI) traded 4.9% lower against the dollar and now trades at $7.95 or 0.00007723 BTC.
• Internet Computer (ICP) traded 5% lower against the dollar and now trades at $6.08 or 0.00005910 BTC.
• NEAR Protocol (NEAR) traded 3.2% lower against the dollar and now trades at $2.55 or 0.00002475 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.18 or 0.00000172 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $2.95 or 0.00002867 BTC.
• Fetch.ai (FET) traded down 8.8% against the dollar and now trades at $0.31 or 0.00000302 BTC.

Ethereum Coin Profile

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,696,448 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official message board is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum is www.ethereum.org.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has initially gained recognition through initial coin offerings (ICOs).”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using U.S. dollars directly can do so using GDAX, Changelly or Coinbase.

ETH/USD price chart by TradingView