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7 months ago

Crypto News - Ethereum Price Reaches $4534 as Vitalik Buterin Becomes a Billionaire - Bitcoin News

Crypto News | Bitcoin News
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Vitalik Buterin's fortune skyrockets as Ethereum price reaches $4534.

A rising interest in NFTs and recognition by significant banks are driving the price of Ethereum upwards.

With momentum growing for Ethereum, the price of the cryptocurrency soared past $4,534 for the first time.

NFT trend puts Ethereum back on the map regardless of being viewed as the "little bro" of bitcoin.

Disney, PayPal, and Nestle are now valued lower than ETH.

Ethereum developer Vitalik Buterin, 27, a Russian-Canadian programmer, is now worth more than $1 billion because of the huge rise in value.

The CNN report predicts Buterin will hold about $1.5 billion in ether, which would bring him about 333,500 in his wallet.

NFTs, or nonfungible tokens, have gained popularity in recent months on United States markets.

Ethereum is the currency of option for lots of people who want to purchase NFTs. It is the cryptocurrency which stores data on a digital ledger, called a blockchain.

One of the original prints sold for $700,000 in April was the picture that motivated the "Disaster Girl" meme.

Ethereum's price has climbed by huge proportions. In 2017, it was costing $14, while in 2020, it will deserve $208.

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