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19 August 2022
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Ethereum Price Holds Steady Above $150

The start of 2019 for the cryptocurrency market has seen multiple spikes across the spectrum which includes popular coins like Bitcoin [BTC], Ethereum [ETH] and XRP. The biggest winner within the top 10 cryptocurrency club has been Ethereum, with the Vitalik Buterin co-founded cryptocurrency emerging as a surprise entrant. The three biggest winners are Ethereum, EOS, and Litecoin [LTC].

At the time of writing, Ethereum was going up by a massive 13.02% with a market cap of $15.820 billion. The cryptocurrency was trading for $151.89 with a 24-hour market volume of $3.139 billion. A majority of the cryptocurrency’s trade volume was split between OEX and OKEx, with the former controlling $168.196 million worth of ETH transactions while the latter had a hold on $154.878 million Ethereum trade.

Ethereum was also in the news recently when it overtook XRP to become the second largest cryptocurrency on the charts. The overtake comes after weeks of Ethereum being on a bearish slide which saw it close to its lowest support break.

Next in line was EOS which was growing at the rate of 10.65% with a total market cap of $2.579 billion. With a price of $2.85, the cryptocurrency held a 24-hour market volume of $805.21 million. EOS was majorly traded on OKEx, which had a hold on 11.22% of all EOS Transactions. Huobi came in a close second, overseeing 6.19% of the total EOS trade.

The fifth largest cryptocurrency was also pointed out by Tron’s Justin Sun when he stated that TRX would surpass EOS in terms of dApps by the end of this month. Sun had tweeted:“#TRON grows rapidly and has 83 Dapps in @dapp_review now! Mission accomplished! We will surpass EOS on the number of Dapps (now 259) at the end of January, 2019!”

The third biggest gainer was Litecoin, seeing a rise of 7.20% and holding a market cap of $1.968 billion. The Charlie Lee founded cryptocurrency was trading for $32.9 with a 24-hour market volume of $420.751 million.

Charlie Lee also made news when he said:“So, it’s easy to understand and it helps people get in and gives them a reason why Litecoin is valuable and I think just the fact that like coin has been around the network has been very stable hasn’t had any downtime, hasn’t been attacked it’s protected by its own basic mining machine.”


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