Finally! Ethereum (ETH) Breaks $ 3,000! - Kakiforex.com - Financial Market Media No. 1 in the World Finally! Ethereum (ETH) Breaks $ 3,000! Finally! Ethereum (ETH) Breaks $ 3,000!
InstaForex

May 3, 2021

Finally! Ethereum (ETH) Breaks $ 3,000!

 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.