Summary
This prediction ended on 08.11.17 with a price of €318.91. The BUY prediction by melinda finished with a performance of 4.40%. melinda has 50% into this predictionEthereum (ETH) is a decentralized blockchain-based cryptocurrency that was created in 2015 by Vitalik Buterin. It is the second-largest cryptocurrency in terms of market capitalization, following Bitcoin.
Ethereum's blockchain network has a specific focus on allowing developers to create smart contracts and decentralized applications (Dapps). This makes ETH more than just a digital currency; it is a whole ecosystem used for building and deploying decentralized applications.
One of the most popular applications of Ethereum is in the area of decentralized finance (DeFi). ETH serves as a means of exchange and as collateral for many DeFi products, including lending platforms, prediction markets, and decentralized exchanges.
Other applications of Ethereum include non-fungible tokens (NFTs), which are unique digital assets like collectibles, art, and game items. ETH is used to purchase and trade these NFTs on various marketplaces.
In summary, Ethereum is a versatile cryptocurrency that goes beyond just being a digital currency. Its blockchain network allows for the creation of smart contracts and decentralized applications, powering a growing DeFi ecosystem and the emergence of an entirely new asset class in the form of NFTs.
Performance without dividends (%)
Name | 1w | 1m | 1y | 3y |
---|---|---|---|---|
Ethereum | -3.856% | -3.856% | 64.444% | -17.610% |
iShares Core DAX® | 2.749% | 4.620% | 17.121% | 21.210% |
iShares Nasdaq 100 | 0.470% | -0.331% | 37.776% | 57.865% |
iShares Nikkei 225® | -2.930% | -5.556% | 12.185% | 8.407% |
iShares S&P 500 | 0.679% | 0.631% | 28.996% | 48.197% |
Comments by melinda for this prediction
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