Bitcoin (BTC) is the biggest and best-known cryptocurrency on the planet, but many experts are now tipping its main rival Ethereum to start challenging it for pole position in 2018.
Ethereum’s digital currency, known as Ether (ETH), has soared in value over the past 12 months, appreciating by nearly 12,500 percent.
This time last year, a single Ether token was worth less than ($10), compared to more than ($1,240) today (January 12).
Despite its remarkable rise, Ethereum still trails far behind bitcoin, which is now worth more than ($14,000) per coin.
Bitcoin’s market capitalisation is also almost twice as much as Ether’s - ($227billion) compared to ($120billion).
For those new to cryptocurrency, here is a handy guide outlining the main differences between bitcoin and Ethereum.
