DAO Success Pushes Ethereum Back Above $1 Billion Market Cap
Posted: Tue May 17, 2016 9:21 am
The overall market capitalization of all ETH coins on the Ethereum blockchain network is once again above $1 billion. The apparent success of the DAO crowd-funding drive is the most likely source for the tail winds pushing ETH/USD higher.
The price of ether has jumped more than 36% in the past week alone reaching just above $13 today, which is about $4 more since the DAO crowdsale opened – and it still has nine more days to go. The last time Ethereum was worth this much was back in March, which does not sound so long unless you remember it has ... (read more)