Ethereum is in hot news these days because of its price which has gone beyond 3000 U.S. dollars. Ethereum is a well-known blockchain platform and by Its ranking and market cap its in second place.
Right now it's bigger than Bank of America or Nestle company which has taken so many years to grow their business and reached its place, however, this blockchain platform has created history and now we all see the growth it has been shown in the last few years.
Ethereum was started on 30th July 2015 and within the period of six years, it has grown significantly. It's even not exactly 6 years old as of now but I have to say that the kind of attention it has got from the investors and the project developers is amazing. experts are speculating that this price can go beyond $5000 by end of this year 2021.
> Ethereum’s Ether (ETH) token eclipsed the psychologically significant mark of $3,000 per token on Monday, rising as high as $3,003 on Binance at the time of publication. ETH price reached the milestone on several major exchanges, including By bit, Coinbase, and BitMEX.
There are some projects which claim that they are Ethereum killer that means they have the technology which is better than Ethereum but now it's difficult to believe because the kind of appreciation and attention this plan platform has received will take a longer time for other projects to achieve.
*Now it's not difficult to say that this price can go up to $5000 because the speed it is showing is tremendous and in the crypto world, anything is possible.*
Nestle is one of the biggest companies but now that Ethereum itself is bigger than Nestle which proves that crypto has huge potential provided we understand it and make it a part of our life and even governments need to understand it. .
Crypto is still going through a tough time in the world however some of the countries have already given this signal but is still the majority of the countries are still in a neutral state. Some countries which are yet to clear their stand on crypto should definitely take it seriously and bring out some regulation to make crypto part of their economy. this one decision can make a huge impact on the economy because crypto is the future and it can also generate numerous number of employment through various ways.
Thank you so much