Ether (ETH) has the potential to become the world's first cryptomonnaie
The bitcoin has had some difficulties, falling below the 47 000 dollar barrier to reach its lowest point in two months on April 25th, following a sharp drop as the excitement created by Coinbase's initial public offering (IPO) waned. Ether, on the other hand, has reached a new high of over 2 500 dollars, bringing the bourse capitalization of the second largest cryptocurrency to 300 billion dollars (247,5 billion euros) for the first time. About the fact that ether is still well behind bitcoin's market capitalization of $1 trillion, some analysts believe the dauphin would not be slow in dethroning bitcoin, which already accounts for 48 percent of the global cryptocurrency market, according to CoinGecko. "As bitcoin loses its historic market dominance, the currency of 'the computer world' begins to sway, revealing long-foreseen indexes of ether's depreciation," Tim Frost, PDG of Yield App, a decentralized asset management platform. Tim Frost adds that now th...