After the Ripple beats the ethereum Market cap and became the 2nd largest cryptocurrency in the world the ethereum is pulling it back too.
In 24hr period Ethereum has been surged upto 16% and made its highest to the $880.
It was observed, the trading for ethereum recently for LEEK/ETH (Which is another token working on the Ethereum Blockchain) upto $596B trade through Coinbene exchange.
Whats Make Ethereum So Special?
With its minable characteristics from the simple computing unit and special GPU miners make the mining in Ethereum so special. Also, the working of the many newly launched tokens works upon the ethereum blockchain which technically raises the market cap of the ethereum.
Ether’s market capitalization now stands at almost $85 billion, with a circulation of 79 million tokens.
Mining into Ethereum is still profitable and my mining giving good profit making upto 832 USD per month.