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Cryptocurrency Coin Market Capitalization

admin 16th, September 2019
Cryptocurrency Coin Market Capitalization

Top Reasons to Buy Ethereum in 2019 

Bitcoin is one of the biggest and most popular cryptocurrencies in the world. Even those that are unfamiliar with cryptocurrency have come across the term Bitcoin. However, Ethereum’s popularity has been increasing in the market over the past few years. If you’re looking for an alternative currency to invest in, this should be the first on your list. Here’s why. 

  1. Increasing popularity 

There are currently millions of Ethereum users all over the world. The Ethereum market cap increased by 3000% in 2017. It has since grown to become the second largest cryptocurrency in terms of crypto market capitalization. If you’re looking for alternative cryptocurrency with the potential for growth, this is one of the best. 

  1. Ethereum is backed by various Fortune 500 Companies 

If you’re looking for a long-term investment, then Ethereum would be one of the best cryptocurrencies to consider. Dozens of Fortune 500 companies collaborated in 2017 to further the network, thus increasing the market cap of Ethereum. These companies include household names like Microsoft, BP, JPMorgan and Intel. This was mainly because of the application of Ethereum in smart contracts. 

  1. Ethereum’s good valuation 

While many cryptocurrencies have reported downward trends over the past few months, the Ethereum price market cap continues to rise. The cryptocurrency is proving to be strong despite the current climate of the market. It’s ever rising cryptocurrency coin market cap proves we are yet to see the best of this currency. 

  1. It’s easy to purchase 

Ethereum is widely available in almost all platforms and exchanges. It is also fairly easy to purchase. You can buy the cryptocurrency using debit or credit cards. You can even purchase it using your PayPal. 

If you’re looking for an alternative coin to invest in, Ethereum should be at the top of your list of alternative coins to consider.