Ethereum classic coin price

To understand the difference between Ethereum Classic and Ethereum, we only need to look at the funds that have been committed to each of them. The market cap of Ethereum is $178,837,072,385.45, while the market cap of Ethereum Classic is $4,625,256,527. That’s one zero too many to ignore the difference. To make matters worse, ETC has about 13 million more coins in circulation than Ethereum today. I don’t even have to quote the prices here. ETC is currently trading between $30-40, while Ethereum is around $1,450! Ethereum classic value It’s hard to say whether it’s better to buy Ethereum or Ethereum Classic, as most of the crypto investments are volatile and inherently risky. From the public trust standpoint, Ethereum might be safer. However, ETH coin price predictions are still mostly good, which makes many people believe that Ethereum Classic is a good investment in 2021.

Another major factor is the oracles of ETC price are of complex nature even though high in demand. The launch on the Ethereum mainnet was a respite for investors who have been long waiting for it. This brought a good spike in the Ethereum Classic ETC price. These factors have increased the use of this protocol in the DeFi sector, thereby boosting Ethereum Classic’s adoption. In July 2021, the Ethereum Classic launched a hard fork known as Magneto to implement multiple features through the Berlin hard fork. By the end of 2021, the price of ETC fell below $50, and it continued to trade with similar momentum in 2022. Crypto Never Sleeps Ethereum Classic price prediction Its price surge really began to take off after Vitalik Buterin, Ethereum’s founder, encouraged users and developers last week to migrate back to his original creation if they were not convinced by the upcoming Merge.