Ethereum Classic Price Prediction
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Today's ForecastsEthereum Classic(ETC) opened trading today at $5.74. It achieved a Market high of $5.77 and a subsequent Market low of $5.57, Representing a change of $-0.05 and price percentage change of -0.91% . Its current Price is $5.68 representing a market share of 0.20% only.
A total volumn of $1,220,251 worth of Ethereum Classic traded hands today, achieving a Maximum Market Cap of $664,430,784 for the day.
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The Bull Case 🐃 for Ethereum Classic
Many people are looking to invest in digital assets (including Ethereum Classic) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Ethereum Classic as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Ethereum Classic has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Ethereum Classic is currently trading around $5.68.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Ethereum Classic
Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction.
The Ethereum Classic mission statement is:
"We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted - by anyone."
Our block explorer data: total coins supply, total network hash rate, last block number and total difficulty are freely provided by https://gastracker.io/
In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic.Visit website open_in_new
ETC Trading Stats for Today - 2020-07-03 09:00:11 +01:00 BST
|Current Supply||116,915,504 ETC|
|24h Volume (coin)||216,107 ETC|
|24h Volume (currency)||$1,220,251|
|Last updated||2020-07-03 09:00:11 +01:00 BST|
Other Price Forecasts similar to Ethereum Classic(ETC) :
Common ETC Price Prediction Questions
What is Ethereum Classic’s potential future value?
ETC's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Ethereum Classic is and what it does. This is because Ethereum Classic's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can ETC make you one?
What is going on with Ethereum Classic's price?
In order not to be too rattled, read our Fundamental analysis above on Ethereum Classic to know if it’s a good hodl.
How high will Ethereum Classic go?
No one really knows for sure. We however predict ETC might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Ethereum Classic(ETC) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Ethereum Classic to see its expected value. You can also visit Ethereum Classic's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Ethereum Classic website page will quickly provide you with that value.
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Why is Ethereum Classic's price going down?
It’s difficult to tell right now as the daily ETC candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Ethereum Classic's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Ethereum Classic, Simple click the Social Button on this page, located immediately below the Price Charts.
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ETC Live Prices Data
Ethereum Classic Daily Price History
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