Ethereum Market Cap Reaches $600m as ETH Price Jumps Over $7.5

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Ethereum Market Cap Reaches $600m as ETH Price Jumps Over $7.5

Postby » Tue Mar 01, 2016 12:03 pm

Whether you are among those who think that Ethereum is the next internet or those that think it’s just being pumped by corporations trying to take down bitcoin, one can not deny the incredibly rapid rise of its value. Ether’s overall market capitalization climbed above $600 million for the first time in the last twenty-four hours before the price stabilized a bit around $580 million as of the time of this writing.

Putting things into perspective, only last week Ether’s market cap reached around $447 million – more than Ripple and Litecoin combined for the first time with a price of $5.8. And the ETH/USD exchange ... (read more)

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