Once again, in the lively world of cryptocurrencies, it is those who anticipate the trends to monetize, while trying to ride them once in everyone’s eyes the risk factor multiplies, exposing themselves to the volatility of the investment. This is what is happening with Ethereum, a virtual currency whose value today records its historical record, precisely in the days when everyone’s attention is focused on Bitcoin and Dogecoin.
ETH over $ 2,500: record growth
Passed the threshold of $ 2,500, reaching $ 2,594.98 . At the time this article is written and published, 1 ETH is trading at $ 2,551.99. The graph below shows the trend of the last 24 hours.
Ethereum: the value in the last 24 hours (21 – 22 April 2021)
Looking at the change from a broader point of view, focusing on the entire past week, it is possible to see how the cryptocurrency had already come close to today’s valuation a few days ago, only to quickly decline as a result of the speculative maneuvers of those intent on earning from the sudden rise.
Ethereum: the value in the last week (15 – 22 April 2021)
The growth trend is clear if we consider the entire past month. It went from $ 1,500 or a little more at the end of March to today’s record.
Ethereum: the value in the last month (March 22 – April 22 2021)
It is not excluded that what happened a week ago may happen again in the short term. The advice is the same as always: do not be enticed by the prospect of an immediate profit and carefully evaluate the investment, without throwing yourself on the first exchange and converting all your savings into the virtual currency. This type of asset, due to its nature, can generate wealth in a short time or destroy part of the capital in a few hours.