Ethereum price rockets past $4534 as founder Vitalik Buterin becomes a billionaire
5 May, 2021 02:28 AM
2 minutes to read
Vitalik Buterin. Photo / Getty Images
news.com.au
By: Andrew Backhouse
The price of Ethereum is skyrocketing, pushed by the growing NFT craze and as it gains recognition from major financial institutions.
The price of Ethereum has rocketed past $4534 for the first time as momentum for the cryptocurrency grows.
Often seen as the "little brother" of the more famous bitcoin, the NFT craze has put Ethereum back on the map.
It is now worth more than Disney, PayPal and Nestle.
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The surge in value has made Ethereum's creator, 27-year-old Russian-Canadian programmer Vitalik Buterin, a billionaire.