If You Invested $1,000 In Ethereum At Launch, Here’s How Much You’d Have Today
Cryptocurrency Ethereum (CRYPTO: ETH) has soared over the past week, but remains well below the all-time highs set back in 2021.
While Ethereum’s gains in 2024 are less than those of other cryptocurrencies, the second-largest crypto still trades significantly higher than when it launched in 2015.
What Happened: Ethereum co-founder Vitalik Buterin proposed the digital currency via a 2014 white paper, with the goal of adding scripting to make it easier for application development and to set up binding contracts.
Ethereum was officially launched on July 30, 2015. During its first calendar year, Ethereum traded between $0.42 and $1.39 with a starting price of around $0.74 according to SoFi. The first Ethereum transaction was carried out on Aug. 7, 2015, according to Global Data.
Ethereum gained momentum thanks to its listing on cryptocurrency platform Coinbase Global Inc (NASDAQ:COIN). It became the …
About The Author
