Summary
This prediction ended on 08.11.17 with a price of €318.91. With a performance of 4.40%, the BUY prediction by melinda for Ethereum closed with a slight gain. 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 | 4.273% | 4.273% | -28.190% | -11.625% |
| iShares Core DAX® | 1.352% | 2.740% | 7.868% | 51.841% |
| iShares Nasdaq 100 | 3.277% | 6.507% | 41.460% | 93.775% |
| iShares Nikkei 225® | 7.434% | 17.832% | 69.101% | 79.073% |
| iShares S&P 500 | 1.702% | 3.099% | 27.307% | 67.281% |