The Ethereum Classic price has bounced back after falling sharply last week. ETC is trading at $80, which is 107%...
Ethereum Classic
Ethereum classic is a blockchain network created in 2016 after a hard fork of the Ethereum blockchain following the hacking event that led to the loss of $50 million worth of Ethereum.
What’s Ethereum classic?
Ethereum classic operates as an open-source blockchain network that runs smart contracts similar to Ethereum, but their valuation differs significantly.
After the hard fork, Ethereum Classic was the original network that was hacked, while the current Ethereum blockchain was the new, more secure network.
Since has been associated with multiple security issues and hacking events, which has hampered its growth compared to its peer.
The Ethereum network has continued growing from strength to strength ever since the hard fork, leaving Ethereum classic playing catch up since they both target the intelligent contracts market.
Most investors trust the Ethereum network, which has seen massive capital flows into it since the hard fork, while Etehreum Classic has lagged and is widely regarded as a less secure blockchain network.
Ethereum classics native token is ETC.
Ethereum Classic is one of the most accessible cryptocurrencies in the market.
How to buy?
To buy it, you need to open an online account, link it to your bank account, and then make a purchase. In addition, you may need to purchase a wallet to store your tokens.
Investing in cryptocurrencies requires extensive research on the investor’s part because of the high volatility. That said, ETC remains a very risky crypto to invest in. even for short-term players who are there for quick profits.
Ethereum classics latest news
Ethereum Classic price has gone nowhere in the past few months as its correlation with Ethereum has faded. The ETC...
Ethereum Classic has lost its correlation to Ethereum in the recent price rally for the cryptocurrency market. The hard fork...
Ethereum Classic price is down for the third straight day as cryptocurrency prices retreated. The ETC has dropped to $55.60,...
Ethereum Classic price rose above an important resistance as cryptocurrency prices staged a cautious comeback. ETC rose to a high...
Ethereum Classic is an open-source blockchain network that was the original version of the Ethereum blockchain before the DAO hack...
Ethereum Classic (ETC) price has been following the Ethereum price action for the past couple of weeks. Both cryptocurrencies tumbled...
Ethereum Classic (ETC) price has eased after its surge earlier on Monday’s session. The rise is a reaction to the...
Our Ethereum Classic price prediction is still bullish despite the ongoing market-wide correction. Although ETC crypto has broken the daily...
Ethereum Classic was touted as the new Dogecoin, given its meteoric rise from $5.94 on 1 January 2021 to $176.20...