The price of ether (ETH), ethereum’s native token, has reached an all-time high of $425.55, according to the popular cryptocurrency market website, CoinMarketCap.com.

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Total Market Capitalization also hit a new all-time high hitting over $40 billion.

The previous all-time high was set at $407 which was achieved in June.

ETH is trading at $413.09 at press time, a gain of about nine percent on the day.

The cryptocurrency is up 24 percent this week and is up 43.33 percent on the month.

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