what does ethereum do , coingecko 1.8t bitcoin ethereum

What is Ethereum used for?

Besides being used as a digital currency, Ethereum can also process other financial transactions, execute smart contracts and store data for third-party applications.May 30, 2022

How does Ethereum make money?

Developers have to pay a fee to the Ethereum network to create new tokens or decentralized apps on the network. They make these payments in ether, Ethereum’s native currency. This fee is also known as “gas,” according to Noble.May 3, 2022

What is CoinGecko good for?

CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.

How much does CoinGecko make?

CoinGecko claims it has $3 million in annual revenue and tracks over 3,587 tokens from over 259 exchanges.

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