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Ethereum climbs even higher… but why? Dogecoin might be the answer – The Motley Fool Australia
The cryptocurrency Ethereum has just reached another new all-time high. And we might be able to thank Elon Musk and Dogecoin
The price of the cryptocurrency Ethereum(CRYPTO: ETH) continues to claim headlines. The ‘little sibling’ of Bitcoin(CRYPTO: BTC), Ethereum seems to have picked up the slack from a stagnating Bitcoin price.
While Bitcoin has gone nowhere between February and today (with the usual volatility in between of course), Ethereum has rocketed more than 82% over the same period. In fact, just last night, Ethereum made a new record all-time high of US$4,175 per coin.
But, as is the way of cryptocurrencies,…
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