Ethereum Classic, also referred to as
ETC, continues to attract significant attention within the cryptocurrency spectrum. The long-term price predictions for the coin reflect a bullish sentiment with some experts anticipating a surge to the $60 mark by the end of March. The recent
acquisition of
ETC Group by
Bitwise, the home to Europe's largest Bitcoin fund, is seen as a positive development that's set to broaden ETC's European presence. Coupled with new
staking addition, interest in ETC Coin is expanding.
Other noteworthy mentions include
BlockDAG, an alternative coin with high growth potential which has raised over $53.5M in presale even as Solana and ETC endure market struggles. Among the crypto offerings, the ETC coin holders seem to be the big players, also splurging on the presale of
Stream Coin (DST) and rallying towards Koala Coin (KLC). Interestingly, ETC Coin's price leaped 34% coupled with a surge in its trading volumes. The coin's unprecedented growth streak seems to have stemmed mostly from the infusion of various innovative mechanisms and strategic fund infusions from organizations such as
Digital Currency Group.
Coinbase has also dealt a hand in ETC's trading by offering support despite recent double-spend incidents. However, pessimistic forecasts hint at an imminent 10% price drop, possibly buoyed by the recent 51% attack on its proof-of-work system.
ETC Coin News Analytics from Wed, 27 Jul 2016 06:26:31 GMT to Thu, 03 Oct 2024 07:00:00 GMT -
Rating 6
- Innovation 4
- Information 6
- Rumor 5
