Summary
This prediction ended on 08.01.22 with a price of €2,831.0. The BUY prediction by Rick_NRW finished with a performance of 16.50%. This prediction was marked as speculative and is excluded from Rick_NRW's performance statistics.Ethereum (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 | -4.646% | -4.646% | 69.732% | 3.812% |
| iShares Core DAX® | -0.922% | -1.993% | 13.399% | 16.075% |
| iShares Nasdaq 100 | 0.371% | -0.868% | 41.541% | 46.938% |
| iShares Nikkei 225® | 2.224% | -5.187% | 20.497% | 4.643% |
| iShares S&P 500 | -0.026% | -0.918% | 30.410% | 42.418% |