Ethereum is Our Growth Pick of the Week

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Each cryptocurrency has its own mechanism to validate transactions and is based on different protocols. While it can be overwhelming sorting through all the various options, one of the best-performing coins has been Ethereum. Since its inception in the middle of 2015, Ethereum has climbed from $1 to over $4,000. Over the last year, it’s up 975%. What is really exciting about ethereum, compared to other coins, is that there are nearly 100,000 developers building applications on top of the ethereum platform.

In today’s article, I want to discuss ethereum’s fundamentals and some of the latest, promising developments. Then, I want to focus on some of the applications that are going to drive even more demand for ethereum in addition to the increasing institutional involvement. Finally, I will explain why those without any crypto exposure should consider buying the Grayscale Ethereum Trust (ETHE).

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