Ethereum ($ETH) is among the most popular names when it comes to the world of cryptocurrencies. The currency has wobbled between the second and the third position (in terms of market cap) for over a year now. To buy ETH is one of the smartest investment strategies for investors, especially at a time when the markets are optimistic.
Let us take a closer look at Ethereum and understand why it is a good investment to buy ETH now.
Why Should You Buy ETH?
Ethereum’s market cap, as of this writing, stands in at $17.26 Billion. The price of $ETH at the moment stands in at $163.58. What makes the currency truly special is the fact that while Ethereum’s blockchain platform is pretty robust and widely used, the ETH currency too is in active use.
The latter is what should make you buy ETH right now! Ethereum has cracked one of the biggest problems of the world of altcoins. While a number of altcoins struggle to find a proper use case, that is not the problem with Ethereum.
Strong Use Case Thanks to dApps and ERC-20 Tokens
The currency has a number of real-life applications thanks to the dApps that are developed over the Ethereum blockchain. Moreover, the Ethereum blockchain also acts as the base to a number of ERC-20 tokens which later become a cryptocurrency in their own right.
Hence, it is a good time to invest in Ethereum and buy ETH. The returns on the currency are good in the long-run. In addition to that, there is also a strong use case for the currency, making it a really smart investment for crypto-investors.