More young people jumping aboard the cryptocurrency train despite risks
SINGAPORE - When 21-year-old student Yong Jun put $2,800 into Ethereum in February this year, he did so with the view that it would be a long-term investment. He was soon put to the test. In March, a digital art piece was sold as the world's most expensive non-fungible token for around 38,000 Ether, worth about US$69 million (S$93 million). The rally on Ethereum that followed saw his investment, in slightly over one Ether, balloon to around $5,800 on paper but he held on. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.
