Ethereum Crypto Coin
The community is currently still undecided about Ethereum with 1 Buy predictions and 1 Sell predictions.
The target price of 806 € compared with the current price of 2788.37 € for the coin indicates a negative potential of -71.09%.
Performance of Ethereum vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Ethereum | -0.191% | -11.018% | -13.834% | 52.866% | 37.562% | 44.101% | - |
| Tether | 0.023% | 1.182% | 2.582% | 2.907% | 3.987% | 11.698% | - |
| EOS | -1.171% | -27.339% | -24.377% | -35.953% | -11.497% | -89.647% | - |
| Bitcoin | -0.299% | -7.801% | -5.301% | 121.813% | 51.800% | 16.756% | - |
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.