Summary
This prediction ended on 25.07.21 with a price of €1,852.0. The SELL prediction by WatchMen finished with a performance of 11.23%. This prediction was marked as speculative and is excluded from WatchMen'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 | -1.375% | -1.375% | -9.260% | 26.857% |
| iShares Core DAX® | -3.520% | -4.987% | 1.926% | 50.820% |
| iShares Nasdaq 100 | 0.261% | 1.102% | 15.434% | 90.843% |
| iShares Nikkei 225® | -4.953% | -3.352% | 29.010% | 51.211% |
| iShares S&P 500 | -0.823% | -0.042% | 10.814% | 62.945% |