Ethereum Achieves Market Cap of $371.84 Billion (ETH)

Ethereum (ETH) traded 1.1% lower against the dollar during the 1 day period ending at 8:00 AM ET on November 18th. One Ethereum coin can now be bought for about $3,087.77 or 0.03404263 BTC on cryptocurrency exchanges. Ethereum has a market capitalization of $371.84 billion and approximately $25.99 billion worth of Ethereum was traded on exchanges in the last day. During the last week, Ethereum has traded down 3.1% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Cardano (ADA) traded 2.2% higher against the dollar and now trades at $0.74 or 0.00000811 BTC.
• Avalanche (AVAX) traded down 4.6% against the dollar and now trades at $34.95 or 0.00038530 BTC.
• NEAR Protocol (NEAR) traded down 1.3% against the dollar and now trades at $5.82 or 0.00006418 BTC.
• Uniswap (UNI) traded up 1.3% against the dollar and now trades at $9.06 or 0.00009984 BTC.
• Cronos (CRO) traded up 9.5% against the dollar and now trades at $0.18 or 0.00000196 BTC.
• Internet Computer (ICP) traded down 3.2% against the dollar and now trades at $9.14 or 0.00010082 BTC.
• Hedera (HBAR) traded up 29.9% against the dollar and now trades at $0.11 or 0.00000123 BTC.
• Fetch.ai (FET) traded 0.3% lower against the dollar and now trades at $1.29 or 0.00001418 BTC.
• Cosmos (ATOM) traded 5.5% higher against the dollar and now trades at $6.16 or 0.00006794 BTC.
• Algorand (ALGO) traded 11.9% higher against the dollar and now trades at $0.21 or 0.00000235 BTC.

Ethereum Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,424,008 coins. Ethereum’s official website is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

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 also gained recognition through initial coin offerings.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView