Records are no longer Bitcoin’s monopoly. Ether in turn sets an all-time-high of nearly $ 1,440. It exceeds its previous historical level, which dated back to January 2018.
For several weeks now, Bitcoin has been accustoming market observers to setting new records. However, Ether was also following a strong upward trajectory. Beating his previous ATH was therefore only a matter of time.
This has now been done since Tuesday, January 19. According to the CoinDesk price index, ETH’s highest level is now $ 1,439.33. This is slightly more than the previous record of January 13, 2018 ($ 1,432).
90% increase for Ether in 2021
The price of Ether has since fallen below this threshold. This growth was also interrupted last week, and more strongly. The fall of Bitcoin indeed carried in its wake the native Ethereum token.
Nonetheless, Ether shows greater growth than Bitcoin in 2021 at around 90%, compared to 27% for the queen of cryptocurrencies. Messari also points out that since its introduction in 2015, ETH has gained more than 1000%.
And this surge of the token made, among others, the fortune of the founders of Ethereum, including Vitalik Buterin. According to Cointelegraph, the value of his personal ETH reserve soars by more than 700% in just one year.
Buterin is no longer far from joining the circle of crypto holders whose capital reaches or exceeds $ 500 million. Its main wallet would already weigh just over $ 470 million. A year earlier, his ETH fortune was estimated at $ 58 million.
Vitalik Buterin fortune of the crypto universe
But as our colleagues point out, the great fortunes of crypto remain ahead. And the main explanation is their choice of Bitcoin. However, as Buterin recalled in person, in 2013 he sold half of his Bitcoin.
The surge in crypto prices, however, encourages the Ethereum co-founder to be cautious. In December, he therefore advised individuals against taking out bank loans to buy cryptocurrencies.
“Please don’t do this stuff. I would NEVER recommend anyone to take out a personal loan to buy ETH or other ethereum assets, ”he warned on Twitter.
“Seven years ago, before ethereum even started, I only had a few thousand dollars in net worth. However, I sold half of my bitcoin to make sure I wouldn’t be broke if BTC fell to zero, “he said again.