Ethereum's market cap exceeds that of platinum for the first

Ethereum's market cap exceeds that of platinum for the first time


Ethereum’s market cap exceeds that of platinum for the first time
With ETH charting new all-time highs, its cumulative market value has exceeded that of mined platinum.
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Ether (ETH) is approaching the top 30 most valuable assets in the world following its latest price breakthrough, offering further evidence that the developer network is in the midst of a powerful bull market. 
ETH price peaked at $2,741.78 on Wednesday, marking a new all-time high, according to TradingView data. With a current value of around $2,730, Ether’s total market capitalization is now $315.4 billion.
With the gain, Ether is now the 33rd most valuable asset in the world, swiftly overtaking the precious metal platinum, according to comparison website CompaniesMarketCap.com. The total market capitalization of mined platinum, which is currently estimated at around $303 billion, is derived from an analysis of the commodity’s cumulative production since 1900. Utilizing data from Statistica and Johnson Matthey Technology Review, CompaniesMarketCap.com estimates that 250 million ounces of platinum have been mined.

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