Ethereum (ETH) has shown impressive growth over the past year, attracting community attention especially after a recent transaction from a 2014 ICO participant.
Summary of Ethereum's Growth
In the last week, Ethereum's price increased by 4.61%, by 27.25% over the past 30 days, and by 68.27% in the last year. These figures highlight the asset's stable growth amidst overall market volatility.
Community Reaction to Profit
The Ethereum ICO participant known as '0x61b9' transferred all of his 334.7 ETH after 10 years of dormancy. He invested $104 in 2014, and now his investment is valued at $1.48 million, a staggering 14,269% return. Comments in the community emphasize that stories like this demonstrate the advantages of holding an asset long-term.
Current Ethereum Market Situation
At the time of writing, Ethereum is trading at $4,392.11, which is a 5.43% decline over the last 24 hours. Trading volume has also dropped significantly by 28.64% to $51.5 billion. Market observers are closely monitoring changes to see how macroeconomic factors impact the asset's value.
Despite recent price fluctuations, long-term investors show that holding assets can lead to significant dividends. The success of ICO participants reaffirms Ethereum's potential in the cryptocurrency market.
