Ethereum Turned 5 and proved to be a Great Project and Top Alt Coin

If you are in the crypto world then I am pretty sure that you are aware of ethereum coin which is currently ranking in second place in the coin market cap website.

Ethereum has turned 5 so let's talk a bit about ethereum platform and its token called ETH

Ethereum is one of the most popular platforms because of its smart contract offering. It also has shown tremendous growth in its price and also the adoption of its platform for the various project launch. Many of ICO project prefer to build their ERC-20 tokens on their platform. There have also been cases where some projects were started on ethereum's smart contact platform first before developing their blockchain. After bitcoin, this is ranked in the second place in coinmarketcap website.

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Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency Ether (ETH) and thousands of applications you can use today.
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Ethereum is an open-source platform where developers can build various DApps (decentralized applications). Vitalik Buterin started the consent of Ethereum blockchain in the year 2013 and its first block went live on the year 2015.
Its native currency name is Ether (ETH) and we can have it through two ways-

1- Mining

Ether is mineable and its mining works proof-of-work (PoW) concept. They have a plan to implement proof-of-stake but there is no information about it as of now and the only POW is available for miners.

2-Buying from Exchanges

If you can not mine then the second and last way to have ETH is to buy from exchanges. Its listed in almost every exchange where bitcoin is listed and using your FIat or other crypto tokens you can buy and store in your wallet.

Price History and Growth of ETH

Here I am sharing the historical chart of ETH and it was started with approx $1 price mark and its all-time high was $1432. So whoever purchased ETH that time even just for 1k USD and did not sell off until Jan 2018 then he became a millionaire.

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I made my entry in crypto in the third quarter of 2017 and that time ETH price was about 200 USD but I did not buy that time. I missed that chance bought it when it was higher in the last of the year 2017. There have been many ups and downs in the price of ETH token but this coin and platform always looked promising to me and worth investing.

Its not a financial advisor in anyways and if you are going to do some investment then please do your research and here I have shared my thoughts and opinion about the Ethereum project and its ETH token. Choosing the right project to be part of is not easy and some people make the right choice at the right and some dont. Those who make an early decision then most of the time they make a good profit out of it

I Congratulate Ethereum team for completing 5 years and hope they do even better in future

Thank you so much

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5 comments
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(Edited)

Greetings friend @alokkumar121
Very interesting to be able to observe the graph of the crypto currencies within an order of ideas which would be the best crypto currency to invest in this season? we all know that the crypto currencies are a type of alternative currency and you can also say a digital currency.

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Hello Friend @sandracarrascal
Thanks for your kind words and glad that you liked it.
Yes, crypto is a digital currency that is getting more attention with each passing day and even like a digital currency. Hope to see when we will be able to use it everywhere for buying things.

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Eth is cool but too many eth tokens just pump and dump

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Eth is the second largest cryptocurrency, and rightly so. I think that the current price surge fits well with Ethereum

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