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With the concept of crypto currency become more popular as the days pass along with the rising popularity of decentralized finances replacing the traditional system of central banks any individual who invested in crypto currency at the very beginning would be reaping its tremendous monetary benefits in the present day.
The Ethereum block chain founded in 2015 currently has a market capitalization of $376 billion making it the second most popular crypto currency in the world second only to the famous Bitcoin which holds a market capitalization of $1.08 trillion.
As of 1.30 pm ET Monday the price of an Ether was recorded at $3278, to put into perspective a single ether would have a value of 664,132.43 in Sri Lankan currency. The surge recorded on Monday was the first time the value of ether exceeded $3000 showing an unprecedented 325% rise since the beginning of this year
The Founder of Ether Vitalik Buterin, aged 27 has now become the world’s youngest crypto billionaire as a result of the surge in value. His ether wallet is host to 333,520 ether coins which now worth over $ 1.09 billion.