It was a rocky yr for Ethereum (ETH) holders. The world's second largest cryptocurrency has fallen 26.73% because the begin of the yr, buying and selling 29% decrease than a yr in the past. At $2,445.14 per token, ETH fell one other 4.03% this week.
Whereas institutional funds proceed to movement (the spot of Ethereum ETFS, which was drawn into at $741.7 million over the previous two weeks), technical pictures look shaky. ETH has not too long ago pushed over $2,520, however has since been pulled again, with analysts potential help round $2,320.
Nonetheless, in the event you had a superb feeling to purchase Ethereum three years in the past, you’d sit clear as we speak.
Investing $10,000 in ETH in 2022
In accordance with knowledge from CoinmarketCap, it was June 27, 2022. Ethereum was buying and selling at $1,193.68. Which means that $10,000 had bought round 8.38 ETH tokens.
It wasn't an apparent buy on the time. The cryptocurrency market is within the midst of a brutal bear market, with Ethereum crashing previous $4,800 since its peak in November 2021.
Since then, the journey hasn't been clean. Ethereum continued to fall, and finally even touched over $4,000 in 2024.
How a lot ETH do you’ve now?
Shopping for three years in the past for $10,000, the 8.38 ETKEN is price $20,490, $10,490 in earnings, or 104.9% return as we speak.
Not dangerous, but it surely is determined by what you might be evaluating it to. XRP buyers bought three years in the past had an a whopping 433% enhance, whereas Shib house owners managed simply 41.9%.
Disclaimer: The content material on this website shouldn’t be thought-about funding recommendation. Funding is speculative. Once you make investments, your capital is in danger.
Particular pictures through ShutterStock.
