Ether Tops $300 as Price Rises to 30-Day High
The price of Ether, the crypto-currency that powers the Ethereum blockchain, hit a high above $300 today, rising to a press-time total of just over $307.
With the move, the price climbed to its highest total since June 30, according to data from Coinmarketcap, a time when it was descending from all-time highs set in early June amid a wave of initial coin offerings (ICOs) on the platform.
Still, ether appears to be bucking its recent downtrend, rising more than 35% over the last week, up from the $227 total observed at the start of trading on August 2.
The price increase further comes at a time when the price of bitcoin is at or near all-time highs. Bitcoin set a new record earlier today, climbing above $3,500 for the first time in history.
At press time, the appreciation of both assets appears to pushing overall investment in cryptocurrencies higher, with the total value of all publicly traded cryptographic assets reaching an all-time high just above $124 billion.
Original Source at: https://www.coindesk.com/ether-tops-300-price-30-day-high/
Author: Pete Rizzo
#Ethereum better watch out for #EOS though!
EOS does seem like an interesting project indeed. Time will tell if Dan Larimer and his team can bring it to fruition. I do like the idea of a frictionless, fee-less platform that can process a huge amount of transactions per second.
I think if it comes into frution, we could possibility see EOS shoot up to #2 on coinmarketcap.com behind bitcoin
I'm waiting to see it again at %400 :P
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