Ethereum Crypto Coin
With 1 Sell predictions and 1 Buy predictions, the community sentiment towards the Ethereum coin is not clear.
A target price of 806 € results in a potential of -70.54%, which would mean heavy losses compared to the current price of 2736.33 € for Ethereum.
Performance of Ethereum vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Ethereum | -2.867% | -3.816% | -12.993% | 70.198% | 33.951% | 16.175% | - |
Tether | -0.050% | 0.268% | 0.559% | 2.766% | 3.402% | 12.524% | - |
EOS | 0.575% | -7.450% | -25.979% | -22.079% | -10.545% | -86.782% | - |
Bitcoin | -5.885% | -5.372% | -12.441% | 123.122% | 44.382% | 18.844% | - |
Comments
The crypto community is celebrating a milestone for the Ethereum blockchain, which just transitioned from the proof-of-work (PoW) consensus mechanism to the proof-of-stake (PoS) model. The move is aimed at reducing the power needed to secure Ethereum by around 99.95%, easing the concerns of those worried about the environmental impacts of crypto (Ethereum currently emits as much carbon as Singapore and its total energy consumption is similar to the Netherlands). ETH (ETH-USD) issuance will also decrease (a.k.a. Triple Halving), while industry players will further decentralize the network by securing Ethereum at home, taking some control away from the institutions and sophisticated miners.