Ether got a boost from the Devcon2 conference in Shanghai and managed to finally break to the upside. Dash, on the other hand, stabilized somewhat after losing over 30 percent in one month.
Ether Breaks Out
Ether broke above the 0.02204 monthly high on Tuesday as the Devcon2 conference got underway. But the lead-up to the event wasn’t a smooth sailing for the new cryptocurrency. Ethereum’s most popular client Geth suffered a DOS attack. This resulted in nodes running out of memory and crashing on the same block (2283416). Other Ethereum clients were not affected.
Prices initially crashed from 0.02135 to 0.01891 before a fix was published. This led to a quick rebound next day followed by the breakout we see on the chart below.
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