Is Ethereum a good buy right now?

But despite the volatility, Ethereum has lots of potential in the coming years as it continues to be a foundational part of DeFi and its blockchain gets faster and more efficient. With Ethereum’s price now far below its past highs, now could be a great time to start a position in this digital currency.

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Is Ethereum a coin or token?

Since we know that coins have their own blockchain and tokens don’t, is Ethereum a coin or token? Since Ethereum has its own blockchain, it’s a coin . This also means that if you have a wallet that supports Ethereum, all assets that use the Ethereum blockchain, such as ERC20 tokens, are compatible with your wallet.

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How many coins are in Ethereum?

How many ethereum coins there are now is vastly different from when the Ethereum blockchain first launched all the way back in the summer of 2015. Back then, about 72 million ETH were in existence. By January 2021, there was a circulating supply of 113.5 million tokens and now there are approximately 120 million .

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