Cryptocurrency Q&A
What was Ethereum's first launch price?
What was Ethereum's first launch price?
KimonoElegance
Fri Feb 07 2025
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5
answers
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Ethereum, a decentralized platform for smart contracts and applications, was first launched in 2015. Its initial price, when it first became available for trading on cryptocurrency exchanges, was around $2.77. However, the price experienced significant volatility in its early days.
5 answers
Tommaso
Sun Feb 09 2025
On August 7, 2015, a significant milestone was achieved when the first Ethereum transaction was conducted. This transaction was verified using the hash of block 46147, marking the official inception of Ethereum transactions.
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EmmaWatson
Sun Feb 09 2025
Throughout most of 2015, following its creation, Ethereum's price remained below $1. Despite its innovative potential, the cryptocurrency struggled to gain traction in its early days.
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HanbokElegance
Sun Feb 09 2025
However, by March 2016, the tide began to turn for Ethereum. The cryptocurrency experienced a surge in value, crossing the $10 mark for the first time.
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KimonoElegance
Sun Feb 09 2025
Specifically, on March 4, 2016, Ethereum briefly reached a price of $10.03. This marked a significant increase from its sub-$1 valuation just a few months prior.
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CryptoLodestar
Sun Feb 09 2025
The price history of Ethereum (ETH) is a fascinating journey.
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