ETC is a coin of platform Ethereum Classic. Its current price is around $24.61 by the time of writing, with a low of $6.67 in 2021, and has a market cap of 3.2 billion dollars.
What is Ethereum Classic?
Ethereum Classic is a decentralized platform with accelerated computing. Applications run as programmed without the threat of censorship, downtime, or third-party interference. The Ethereum Classic network is a distributed blockchain ledger consisting of a cryptocurrency and user applications. Ethereum Classic is powered by its native coin ETC.
Vitalik Buterin and Gavin Wood founded it in 2015, intending to keep the Ethereum ecosystem, precisely the Ethereum blockchain, untouched when managing the attack on DAO. Ethereum Classic is one of the most open, decentralized projects in the cryptocurrency space. It is a peer-to-peer, censorship-resistant network executing smart contracts.
What is ETC?
ETC is the coin of the Ethereum Classic platform, which is around $24.61 by the time of writing, with a low of $6.67 in 2021. Its current ranking is #38 according to CoinMarketCap, with a market cap of 3.2 billion dollars.
ETC reached a high of $176.16, with a low of $6.67. The Ethereum Classic is a decentralized open-sourced cryptocurrency. The goal of ETC is to use a public ledger for transactions while still permitting decentralized mining with a memory-hard PoW algorithm.
ETC Coin Market Analysis
ETC has a max supply of 210,700,000 coins worth around $24.61 with a market volume of 454 million dollars, whereas the market capitalization is 3.2 billion dollars at writing.
ETC Price Prediction
On the 1D timeframe, the ETC price was skyrocketing. Still, after touching its all-time high, its price took a deep dive, and the price action has formed out the Bullish harmonic Alt pattern where the price is currently consolidating at the Potential Reversal zone level.
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Here are some of the best exchanges to buy ETC in 2022.
Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.