The last few weeks has seen the cryptocurrency market return to familiar territory for a lot of traders with substantial gains being made. One of the big winners in this latest uptrend in the market is AEternity which has seen its price increase by over 50% today. That increase has seen AEternity soar past the $4 mark.
At the start of the day AEternity was priced at $2.88 and hit as high as $4.41 before pulling back to around $4.30. With a circulation of 233,020,472 AE, the token's marketcap briefly touched $1 billion for the first time and looks likely to reach that cap once again.
AEternity is a scalable blockchain platform which will allow users to create smart-contracts to create dApps, similar to Ethereum. However AEternity's main focus is on being scalable and able to support continued growth and expansion of the blockchain without compromising on transaction speeds. At the moment AEternitity is running on a test net with the main net set to be released to the public later this year.
It's likely that interest in AE will continue to grow as we get closer to the release of the AEternity main net.
Are you invested in AEternity? If so do you plan to sell during this uptrend or will you be holding for the months and years ahead?