Ethereum coin has sustained its worth throughout the slumped market. This week the entire digital currencies were struggling hard to maintain their price values. However, Ethereum was the one, which remained firm throughout the red zone. In fact, it was a red zone for the coins. On one side, Shiba lost almost half of its price value in the last two weeks. While in such an arduous situation, Ethereum revamped and proved itself ‘The best digital coin.’
Currently, the coin is trading with $3,296.81, which is still the dream of every coin accept Bitcoin, which is no.1 on the digital currencies list. Besides, It has an outstanding high price this day. The high recorded value is $3,554.02. However, the low recorded value is also worth it. It’s not that bad. The low recorded value is $3,229.55. Thus, the overall impression of the coin is miraculous.
On the basis of the aforesaid words, Ethereum ranks second on the list of digital currencies. For a long Ethereum has fixed its place and seems like none can snatch this slot from it. Because, on third, we have ADA Cardano, which trades with the price value of $76.18B. Henceforth, it needs hectic efforts to reach Ethereum’s current value.
Additionally, the comparison between Ethereum and Bitcoin portrays the same as between Ethereum and Cardona. Indeed, Bitcoin is trading with a mesmerizing price value. It’s truly surging in the market and it’s almost impossible for other coins to grab that spot. So, first, two coins have fixed their position for a long time.
In addition to that, Ethereum trades are slow today as compared to the entire week. Because, The coin had reached $3950.27 as its price value and not the highest recorded value on September 6, 2021. But, verily it’s still going well and hopefully will maintain its credibility.
To sum up, Ethereum shows its worth in some tough conditions. Indeed, the digital market is on the verge of collapse. Due to this, many coins are dropping down. Some coins lost half of their price value. In spite of this, Ethereum shows that its the best platform for investment.