Why isn’t ETH increasing in 2020 (ETH has been rising)
Why isn\’t ETH increasing in 2020? Why isn\’t Ethereum increasing in 2020? The va
Why isn’t ETH increasing in 2020? Why isn’t Ethereum increasing in 2020?
The value proposition of Ethereum is to give people more confidence in ETH because it can be used to pay miner fees. In the blockchain world, it is an area where consensus and trust cannot be achieved and accepted. However, this does not mean that it lacks intrinsic credit endorsement. And for those who believe that Ethereum network security is reliable, decentralized, and can provide lower risk services to users, this security is crucial because there can be significant price fluctuations when using ETH as collateral. If you measure the price trend of Bitcoin using Bitcoin (e.g. Ether), its actual use case is “currency” or digital gold (like paper money). However, if you were to invest in Bitcoin, your investment would likely have more BTC than any other asset. (The above views are personal opinions)
ETH has been rising
According to eth.money news, Ethereum’s native token, ETH, has increased by over 10% in the past 24 hours. According to CoinMarketCap data, the current price of ETH is $3.97.
According to data compiled by CoinMarketCap, since February 14th, the price of ETH has been consistently rising. Starting from early January, the price has been on an upward trend, with the lowest reaching $0.329 and the highest rising to $0.288. Although the recent increase is not significant, it has been in a sideways adjustment for the past month (closing at $0.266 yesterday).
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