Ethereum price reached another all time high on Wednesday to continue its 2021 bull run.
The price of ether, the native coin of the ethereum Blockchain has reached a new all time high in 2021.
Ethereum price has been breaking new all time high following any retracement from the new all time high.
Ethereum broke the $2000 psychological all time high in March, 2021. The price dumped and traded below $2000 before another surge to $3500.
The bullish trend did not stop there but it continues after another retracement to reach a new all time high of $4,346.
On some exchanges, the new all time high is recorded as $4,350.
The argument is not on the price but on two basic facts regarding ethereum in 2021.
- Ethereum price reached $4,000 just 3months after it traded at $2000. This is one of the prominent milestones in ethereum.
- Aside from that, in 2021 alone, the price of ethereum has a gain of almost 500%.
The massive increase in price has made ethereum to be among the top 20 world assets by market cap.
What does that mean?
If you had bought ethereum at the beginning of this year, you would have made x5 of your initial investment.
Also, you will be holding one of the top 20 world assets.
Assuming you bought ethereum with $100, your portfolio should be above $500 as at the time of writing this.
I would have bought this, if I had known!!!
No one knows the next move, that is why it is always better to know more about what you are investing in.
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