Ethereum (ETH) has been holding the second position on the list of top digital currencies for a long time now. The digital currency has refused to give up that position because it still retains its relevance in the crypto space. Ethereum (ETH) has been the favorite coin of many digital asset investors; this is because Ethereum presents a great investment opportunity. Many also consider them as the best cryptocurrency to invest in 2019. A recent analysis of Ethereum (ETH) price revealed that this is the best time to invest in the digital currency.
This Best Time to Invest in Ethereum (ETH) Is Now – Best Cryptocurrency to Invest in 2019 – Ethereum Price Prediction
The digital currency space filled with investors and supporters of digital currencies that they deem fit. Searching for the best cryptocurrency to invest in is a pretty daunting task for many digital asset investors. Bitcoin (BTC) is currently the most dominant digital currency in the market. A Reddit user that goes by the name DCinvestor seems to have his mind stocked on Ethereum (ETH). It seems like he has found the solution to a quantum puzzle.
According to the Reddit user, Ethereum (ETH) has the potential to become global money and emerge as the frontier in the creation of ERC20 tokens by serving as a hub.
Ethereum 2.0 Will Pave the Way for Increased Liquidity of ETH – Ethereum News Today – Cryptocurrency Market Update
The launch of Ethereum 2.0 will pave the way for increased liquidity of ETH. It will also help it to amass more volume that it does now. The Reddit user also said that Ethereum is a digital silver and it would find new grounds to excel in the market. This would give Ethereum an upper hand in the crypto space and it would help to solve its scalability issue. Ethereum is known for its scalability issue and this has been a major drawback for the digital currency over the past years. However, the scalability issue on the Ethereum blockchain will be a thing of the past with Ethereum 2.0.
Ethereum (ETH) is currently trading at about 13 percent of the price of Bitcoin and it is holding the second position on the list of cryptos in the market. As such, this is one of the best times to invest in the digital currency since ETH USD price is presently undergoing the month-to-date lows. Over the past years, Ethereum (ETH) has been the only altcoin that has been keeping up with the most dominant coin in the market – Bitcoin (BTC). With Ethereum 2.0, many things are going to change and the network is going to be faster than it is.
ETH Price Analysis – Ethereum Price Prediction 2019 – ETH USD Live Price – Cryptocurrency News Today – Cryptocurrency Market Update
The cryptocurrency market is currently recovering after a major dip that pushed the price of Ethereum below the $200 mark. At the press time, ETH USD price is now back over the $200 mark. Ethereum (ETH) is currently supported at the $220 mark. On the upside, the digital currency is facing a stiff hurdle at the $230 mark. At the time of writing, ETH USD live price is $225 after an increase of about two percent over the past day. The current market cap of the digital currency is $24.15 billion. The trading volume of the digital currency over the past twenty-four hours is $6.54 billion.