New York-Sana
Ether, the second largest cryptocurrency in the world, has witnessed a 7 percent increase during the past 24 hours, as its value exceeded $ 4000. This development comes one week after Ether exceeded the value of $ 3000.
Sputnik quoted the currency market website as saying that the capital of the cryptocurrency is $ 476.3, which is less than half the value of Bitcoin of $ 1.1 billion. However, Ether has so far witnessed greater growth than Bitcoin recently, as the latter decreased by 2 percent in April, while Ether rose by more than 40. Percent as investors are looking to other profitable digital currencies.
Another reason for the growth of Ether is the increase in the popularity of "NFT", which are "non-exchangeable tokens", which act as a digital certificate and are used to represent ownership of images, video, audio and other types of digital files. Its market value in 2018 was estimated at $ 41 million.
The Wall Street Journal reported that the amount rose last year to $ 338 million, with many operating on the Ethereum Blockchain platform.
