There is a lot of talk when it comes to the price of Ethereum in 2018. If you ask our team of analysts about it, we personally think that the Ethereum price by 2018 won’t change much. Instead, it will sit still until spring where there will be more startups adopting Ethereum and the value of blockchain will increase. Some of the reasons for this to happen include:
- It fully open-source digital currency and designed to approve peer-to-peer transactions
- It is growing as we speak, with the price around $500 right now
- It is the second most popular and the second greatest cryptocurrency seen from its market cap
- It surged 55% in the past six months alongside Bitcoin’s gains over the same period
- It is developed on a newer generation of blockchain technology and is designed for software engineers
- It works with ‘smart contracts’ – a technology that allows you to exchange money, any kind of property, stock etc. without having to go through a lawyer or any legal service
- 35k+ developers and 500+ startups are embracing it
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