The second-largest cryptocurrency Ethereum (ETH) with a total market cap of ~$450 billion USD is about to reach its all-time high of $4000 USD. At the time of writing this, it is been traded at $3,944.06 USD. Ethereum (ETH) price has grown over 80% in the last 30 days according to market data, while bitcoin has seen a more bearish pattern in the last 30 days and its price has come down below $60,000 USD.
Ethereum broke above $3,000 less than a week ago, but it came $20 away from breaching $4,000 just minutes ago. Despite failing to surge above it yet, this is now ETH’s latest all-time high – $3,980.
Other altcoins have also seen quite a fluctuation in the last few weeks. Cardano (ADA) also went all-time high (ATH) upto $1.73 USD this morning. Binance Coin is 3.5% up in the past 24 hours to $650. And not to mention Ethereum Classic(ETC) which seems to be following Ethereum trajectory has seen a whopping 526.04% jump in its price in the last 30 days.
In contrast, DOGE has lost the most value after the long-anticipated Elon Musk appearance on SNL (for god’s sake). Dogecoin, which marked a new all-time high yesterday at $0.7 USD, is now down by 25% to $0.55.
The most significant gainer from the top 100 is the new sensation – SHIBA INU (SHIB). The token is a copycat of Dogecoin and equally useless, but it has entered the top 100 after an 850% weekly surge and is up by 160% in the past 24 hours alone. All this by social media hype and speculation alone.
The total crypto market cap also saw a record of its own after adding $60 billion in a day. The latest all-time high (ATH) came at $2.460 trillion.