Today, Monday, Feb 11, Ethereum has recovered its #2 position on Coinmarketcap, having surpassed XRP. As of this writing, it's market cap now stands at $12,774,971,783 with market value of $121.88
Ethereum's platform is used by a wide variety of ICOs these days. It's smart contracts capability is 2nd to none. Many corporations, as well as business houses, are taking advantage of these capabilities in order to create their own products as well. Ultimately making Ethereum more popular and gain more movement thus increasing the price in the long run.
Naturally investors have been intrigued as to the sudden coin spike in market cap value. Are you?
Some experts have assumed that two tweets caused ETH’s market cap to rise. The tweets were written in response to questions directed at Vitalik Buterin about what constitutes a megatime success and what dApp has shown a real long time use case. Vitalik answered “BitTorrent” to both questions.
Do you agree?