$ETH
also known as Ethereum, is a decentralized blockchain with smart contract functionality. Its current price is $1,581.28, with a market capitalization of $195.41 billion. Here's a brief overview ¹:
- *Current Price*: $1,581.28
- *Market Cap*: $195.41 billion
- *24-hour High*: $1,658.75
- *24-hour Low*: $1,574.68
- *Percent Change*: 0.01%
Ethereum's blockchain uses a proof-of-stake consensus mechanism, allowing users to create and exchange non-fungible tokens (NFTs) and deploy decentralized applications (dApps). It's also used for decentralized finance (DeFi) applications, gaming, and prediction markets ².
If you're interested in investing or learning more about Ethereum, you might want to explore its use cases, such as ²:
- *Decentralized Finance (DeFi)*: Lending, borrowing, and trading platforms
- *Non-Fungible Tokens (NFTs)*: Unique digital assets, like art and collectibles
- *Gaming*: Blockchain-based games with unique digital assets
- *Prediction Markets*: Decentralized platforms for prediction and betting
Keep an eye on market trends and news to stay updated on Ethereum's performance. Would you like more information on Ethereum's price history or its potential applications ¹ ²?