Disclaimer: This is not financial advice and I am not your financial advisor. Do your own research before you invest.
The world's second largest digital currency reached a fresh record of $2750 oh 29th April 2021. One of the possible reason for this price surge is after European Investment Bank has announced it had issued it's first digital bond on the Ethereum blockchain. As a result, this has led to the speculation that the currency is gaining recognition from several financial institutions.
Photo: coinmarketcap.com
On Thursday 29.04.21, most of the top cryptocurrencies were trading higher - these were boosted up by Ethereum's price rise. According to my analysis and researches, Ethereum may reach a new peak of at least $3300 by end of May 2021. One of the reason for this price is the growing demand of the currency, anyone watching out this coin can clearly see that it has an extraordinary performance in terms of both it's trading price and it's uses. Those who owns several Ethereum because they bought early are very lucky people right now.
