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Ethereum (ETH) is on a strong bullish trend following the steps of Bitcoin (BTC). In the past few days, ETH has been on an ATH setting and breaking spree as it tests new heights.
This has attracted the attention of investors with most believing that it could hit $5000 before the end of this month.
To help investors and traders who are eyeing to buy and hold the ETH coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy ETH
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What is Ethereum (ETH)?
Ethereum (ETH) is the native token of the Ethereum blockchain and it is also referred to as ether.
Ethereum was the second blockchain network to be launched after Bitcoin and it has maintained the number two position in terms of market capitalization since then.
Ethereum was the first blockchain to use smart contracts, which have gone on to transform the entire blockchain industry by enabling the creation of decentralized applications (DApps) and protocols that gave birth to decentralized finance (DeFi) and non-fungible tokens (NFTs)
Should I buy the ETH coin today?
If you are looking to invest in a cryptocurrency that is on a promising bullish trend, then Ethereum is among the best choices.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Ethereum price prediction
Ethereum (ETH) has been on an exponential rise since September 29 and the bullish momentum seems to be gathering momentum with time.
Experts believe that the price of ether shall hit $5,000 before the end of November.
$ETH social media coverage
$ETH will skip 5000 and go straight to 6000.
You heard it here first.β Galaxy (@galaxyBTC) November 8, 2021
πππ ππππ ππππ πππ πππ@Bitcoin β $BTC@ethereum β $ETH@terra_money β $LUNA@avalancheavax β $AVAX@solana β $SOL@AxieInfinity β $AXS@Polkadot β $DOT@Shibtoken β $SHIB
Which coin you choose? π#ManyLabs #News pic.twitter.com/q6NcFF3tZOβ Manylabs β Research | Analytics (@many_labs) November 9, 2021
The post Where to buy Ethereum (ETH) coin as its bullish rally gathers momentum appeared first on Invezz.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.