ETC is a coin of the platform Ethereum Classic. Its current price is around $15.81 by the time of writing, with a low of $12.60, and its market cap is 2.1 billion dollars.
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What is Ethereum Classic?
Ethereum Classic is an open-source, blockchain-based computing platform and cryptocurrency. They allow developers to create self-executing contracts capable of triggering actions based on certain events. By utilizing the technology of ETH and combining it with the philosophy of BTC, ETC is uniquely positioned to be a Smart Contract Platform which will be better than other platforms as they start to become compromised or captured by special interests.
What is ETC?
ETC is the Ethereum Classic platform coin, which is around $15.81 by the time of writing, with a low of $12.60. It reached a high of $77.07, and its current ranking is #28 according to CoinMarketCap, with a market cap of 2.1 billion dollars.
ETC Coin Market Analysis
ETC has a total supply of 210,700,000 coins worth around $15.81 with a market volume of 265 million dollars, whereas the market capitalization is 2.1 billion dollars at writing.
ETC Price Prediction
It is hard to tell which cryptocurrency is the best investment at any given time. This might be true, but Ethereum Classic has a lot of potential and could be a very good investment for the future. On the 4H timeframe, the price action of $ETC/USDT consolidates inside the ascending channel. We must wait for a successful breakout or breakdown to confirm its next direction.
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Closing Thoughts
Discipline and Patience are the most important components of a successful trade. According to the above analysis, the coins we just discussed about might make you decent gains if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do Your Own Research before investing.
Disclaimer: Our analysis is for educational purposes.
