Ethereum has been the second most traded Cryptocurrency for over a month, but reaching this critical milestone puts Ethereum at a significant percentage of Bitcoin, which holds the highest Market Capitalization at 6.3 Billion.
Even though the current market capitalization of Ethereum (ETH) is being estimated at almost 1/6th of the Bitcoin market cap you should be well aware of the fact that the largest part of the available Ethereum coins have been pre-mined and distributed in pre-sale and among developers and other people with the actually mined coins by users still less than 10 percent of the total coin availability.
So a direct comparison with Bitcoin where users have mined all of the available coins might not be the best thing to do, but then again coin market capitalization is just a standardized way of measuring and comparing coins.
We think in the next view hours the $15 mark will be broken by Ethereum.
To buy ethereum you need Bitcoins, you can buy bitcoins at koop-bitcoin.nl
07:15 Update, Het Duitse blad Die Welt heeft net een artikel over Ethereum geplaatst.
Bitcoin to Ethereum Exchanges: