How do you get your hands on the most-valuable cryptocurrencies?
This week, a man from Singapore was able to buy a whopping $3.8 million in bitcoin, Ethereum, and Litecoin.
According to the man, he bought the coins at an online trading platform called BTC China.
It turns out the man also bought the other coins at a different online market.
Bitcoin was recently worth $8,000 per coin.
Ethereum was the most popular cryptocurrency at the time.
Its value has been growing steadily since the start of 2017.
Bitcoin, Ethereum and Litecoins have all been gaining in value since last year.
The most valuable cryptocurrency at this moment is Ethereum, which was worth $16,800 in 2016.
Bitcoin and Ethereum are the most commonly traded cryptocurrencies on the market, and are the biggest three cryptocurrencies in total value.
The average price of bitcoin was around $9,200 in early 2016.
Ethereum’s price jumped by almost $300,000 to reach a high of $17,200, according to Coinmarketcap.
In 2018, the price of Ethereum skyrocketed to $27,000.
Litecoin was also a popular cryptocurrency.
It reached $4,400 in 2016 and is now worth $4.3 billion.
The price of Bitcoin is now hovering around $7,000 a coin.
What do you think about the value of cryptocurrencies?
Let us know in the comments below.
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