What pushed Ether to its latest all-time high?
Ether, a cryptocurrency which has shown significant promise for its strong technology and compelling use cases, recently reached a fresh, all-time high.
The digital currency rose to as much as $1,430.81 at 19:09 UTC, according to CoinMarketCap.
At this point, the cryptocurrency had climbed roughly 15% in the last 24 hours, additional CoinMarketCap figures show.
The price of Ether had pulled back slightly at the time of report, trading at $1,421.19.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
“Ethereum is currently the most promising blockchain,” said Mati Greenspan, senior market analyst for social trading platform eToro, emphasizing that it has “by far the most projects being developed on it.”