Ethereum (ETH) continued to record the highest price when it recently recorded an all -time high (ATH), $ 3,058.
ETH apparently bounced back strongly after facing a drop in prices a few weeks ago.
Only this month alone the value of the second largest token after Bitcoin (BTC) recorded an increase of up to 53% to that record, making the profit so far hit 313% since the start of 2021.
If this bullish trend continues, the price of Ethereum has the potential to soar up to the price level of $ 4,295!
However, wait a minute! Following a daily analysis showing Ethereum rose 35% without a price correction for almost a week, investors are advised not to get too excited as there may be a correction causing the ETH price to drop to $ 2,400.
The latest Ethereum has launched the EtherLite airdrop (ETL) on May 1 and the launch was featured at the Burj Khalifa, gaining world attention.
At the same time, Ethereum also outperforms Walt Disney ($ 337.67 billion), Nestle ($ 337.38 billion), Procter & Gamble (P&G) ($ 326.64 billion) based on its current market value at a record $ 350.04 billion.
As of writing ETH continues to hold above $ 3,000. Several other altcoins recorded positive movements in the 24 hours with each recording current prices: Binance Coin (BNB)-$ 628, Polkadot (DOT)-$ 37, VeChain (VET)-$ 0.219 and Cardano (ADA)-$ 1.34.
