Summary
This prediction ended on 20.05.21 with a price of €2,252.1. With a performance of -7.12%, the SELL prediction for Ethereum by Amped was down slightly. This prediction was marked as speculative and is excluded from Amped'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 | -28.358% | -28.358% | -35.030% | 4.778% |
| iShares Core DAX® | 1.085% | -0.846% | 12.464% | 58.472% |
| iShares Nasdaq 100 | -1.665% | -3.306% | 1.502% | 84.473% |
| iShares Nikkei 225® | 3.863% | 6.308% | 22.272% | 56.185% |
| iShares S&P 500 | 0.111% | -1.337% | 1.101% | 58.320% |