DAO Ethereum Crowdsale Shoots Past $100 Million Before Price Hike
Posted: Sat May 14, 2016 8:04 am
As we speculated might happen last week, all the Ethereum investors that were sitting on the fence jumped in to the DAO crowd funding drive just ahead of its planned price change today. With over 10.3 million ETH the DAO now holds one in eight of all Ethereum coins in circulation, each worth about $10, for a total of about $105 million.
With 13 days left to go, the DAO has already fulfilled the expected $100 million worth of cryptocurrency raised. However, the rate of investing is expected to slow down as the price of its tokens is ... (read more)