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Ethereum resumes racing and reaches a record market value of $ 500 billion, more than Coca-Cola, McDonald’s and General Motors combined.
The price of Ether jumped to $ 4,371 today (Coindesk data). In this first part of May, the second largest cryptocurrency has appreciated by almost a third of its value, first exceeding $ 3,000 and then $ 4,000. Since the beginning of the year, the rise has been 480%, well above the + 100% of bitcoin.
There are those who distrust the record ratings achieved by the Ethereum. In fact, analysts at JPMorgan Chase believe that Ether should be trading at a price of $ 1,000, more than 70% below its current price.