After remaining on the sideline for several years, Ethereum (ETH) network was seen making headlines. The growth of the asset in recent days has diverted the limelight to ETH. In the past month, the largest altcoin increased by almost 50%. ETH struggled to squeeze past the $ 2000 mark. But today the asset was seen to see $ 3,000. In addition, the network for the network also saw an Uptick. All of these signs point to a hooked farewell to the month of May. But can Ethereum deliver?
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How tall Stige Ethereum today?
Ethereum is the second largest Cryptocurrency in terms of marketing. Altcoin’s market value is currently $ 325.5 billion after an increase of 2.39%. With the latest growth, ETH has succeeded take over Bank of America, whose market value is $ 326.2 billion. Altcoin is currently the 37th largest asset in the world. Although this shift is Hausse for the ETH market, it also highlights the developing dynamics of wealth all over the world.
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Can exit price disorder
According to data from Coincex, the current hausse -like trend may face an obstacle. Ethereum is likely to record a downward trend towards the end of the month. The largest altcoin can sink to a low $ 2,469 on the last day of May. This can be a disappointment for ETH investors who have expected patiently to see an increase in the Altcoin price. It looks like they have to wait longer to witness that the asset reaches $ 3,000.
