(CNBC) The price of ether jumped on Friday as investors gambled on crypto’s newest memecoins.Ether closed higher by 5.61% at about $1,990, according to Coin Metrics. It’s still below the key $2,000 level it briefly broke through in April following the Shapella upgrade. Earlier in the day it rose more than 6% to hit a high of $1,999.59.
Ether rallies 5% as meme mania tries to reenter the crypto market
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