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How much would $1000 of Ethereum be worth today?

An investment in ethereum at the beginning of the year would have seen strong growth over the ensuing months. A $1,000 ethereum purchase on Jan. 1 — at a price of $730.97 per coin — would be worth $5,710.85 at Monday morning’s price of $4,174.46, a gain of 471%, according to CNBC calculations.

What is 'Ethereum'?

DEFINITION of 'Ethereum'. The platform is also the basis for its own virtual currency, Ether. Ethereum is not just a platform but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications. The potential applications of Ethereum are wide ranging.

Is Ethereum going to reach 10K?

The main reason that people think ETH is going to reach upwards of 10k is because of a few things. Another reason that has been advanced for the growth of Ethereum is the proposed upgrades designed to remedy the defects associated with the network.

What is the smallest subunit of Ethereum?

Each Ethereum account has an ETH balance and may send ETH to any other account. The smallest subunit of ETH is known as a Wei and is equal to 10 −18 ETH. Ether is often erroneously referred to as "Ethereum". Ether is listed on exchanges under the currency code ETH. The Greek uppercase Xi character (Ξ) is sometimes used for its currency symbol.

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