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Why should you keep an eye on the Ethereum in 2018? From the beginning of this year, Ethereum has already increased by at least 15%. Most people have focused only on Bitcoin and ripple. However, this has made Ethereum even go up this year. Many people think that Ethereum would be able to cross the previous peaks much earlier than Bitcoin or ripple. For these reasons, it is important to pay attention to this year's Ethereum. It is necessary to keep in mind that Ethereum has a very strong fundamental technology that is at the base as well. For this reason, you must keep in mind that you should think about investing in Ethereum at the right levels.
Application:
It should be noted that Ethereum provides the platform for not only executing smart contracts, but also providing decentralized software and applications. Demand for decentralized software and applications is increasing day by day. This is one of the main reasons why the value of Ethereum also increases.
The smart contract functionality of the Ethereum platform is also on the rise. More and more companies, in addition to platforms, are thinking of using such smart contracts as well. Government agencies are also planning to use these smart contracts to provide better governance to citizens.
Read more: Who accepts Ethereum as a 2018 payment (List of companies that accept Ethereum)
Furthermore, a 3rd The advantage that the Ethereum platforms have is that many of the ICOs are actually using the Ethereum platform. As a result, more and more companies are using the Ethereum token. This not only increases the demand but also increases the value.
Furthermore, the margins in the extraction of Ethereum are far greater than some of the other cryptocurrencies. This is crowding more and more miners. Therefore, the overall scalability and potential of the Ethereum network are also going through the roof. This is one of the main reasons why you should consider keeping Ethereum on your radar this year as well.
Should I buy Ethereum 2018?
So if you are looking for a relatively more stable cryptocurrency on which to invest, it is important to always look at the Ethereum option. Ethereum will surely stand out this year compared to some of the other cryptocurrencies that already have an inflated value.
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To learn more: Dotcom Bubble, Housing Bubble … Is Cryptocurrency Bubble the next? The future of Bitcoin, Ethereum and Ripple
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