Ethereum $358 Billion Market Cap Overtakes Nestle and P&G

0
121

Ethereum $358 Billion Market Cap Overtakes Nestle and P&G

Ethereum’s market cap hits a new high at $358 billion.
The price surge makes ETH surpass major companies.
Investors staking in the ETH 2.0 contract have the option of becoming a total validator or joining a pool.

Ethereum’s (ETH) price has surged more than 200% in 2021. As a result, its market cap has recorded a new high of $358 billion. For this reason, the $358 billion bullishness has eventually pushed the value of the network. Also, the price surge has influenced ETH to surpass heavyweight companies like Procter & Gamble ($326 billion) and PayPal ($308 billion).

Furthermore, the market cap value is obtained by calculating the last trade price by the total outstanding quantity of coins. Therefore, it seldomly shows the average amount where most investors transacted.

This article was first published on coinquora.com

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.