Ethereum

Ethereum [ETH] back to its heyday as its price hikes yet again

from Amb Crypto 5 years ago 0 0 856

Ethereum [ETH] has seen a spark of good tidings amidst the current bearish market. If the recent hike in price is anything to go by, ETH seems to be on the mend to gaining back its previous momentum. The prominent cryptocurrency has seen a hike of more than 3% in the last 24 hours. According to CoinMarketCap, at press time, Ethereum [ETH] was trading at $301.06 with a market cap of $30 billion.

However, there was a sudden hike in price yet again and ETH’s return to its usual trading value of $300 and above spells hope for all its hodlers and the cryptocurrency community at large.

Twitterati, Honestlycrypto commented:

“Some people laughed when I said I was buying large amounts of #Eth at $275 and $250. They ain’t laughing no more. You should know by now. When I publicly announce that I’m making a move, 90% of the time you will end up reading one of these tweets shortly thereafter.”

There were those from the cryptocurrency network who felt that the best time to invest in Ethereum [ETH] was when the prices dropped between $275 and $250 as the digital currency was sure to hike up again in no time.

Another Twitter user named Cryptotechnolog added:

“Right now all the people who thought that they were late for the crypto-rush got a magic second chance to purchase any altcoin with the price like its black Friday! It’s amazing to find that some people are still hesitating on whether to buy Eth or not.”