This was up by 0.18 per cent in the last 24 hours, and down by 8.89 per cent over the last seven days.
It is speculated that sharp decline in the price is due to sell-offs after Bitcoin prices rocketed largely due to news of its recent Taproot upgrade, which gives developers access to a wider range of toolboxes.
One coin of Ether at the time of writing this article was priced at $4,217.06, according to data available at global crypto tracking website CoinMarketCap.
However, the metaverse base project The Sandbox saw a major surge in prices as it gained more than 25 per cent since the previous day,” commented the WazirX Trade Desk.
The global cryptocurrency market capitalisation saw a slight increase in its numbers on Thursday, November 18, after a constant dip over the past few days.
Star Ship Royal occupied the second spot in the top gainers’ pack, priced at $1.81 and up by 1,071.45 per cent over the last 24 hours.
Floki Meta and AzeusX came second and third in the chart, decreasing by 84.22 and 82.00 per cent respectively during the course of the last day.