ETHEREUM CLASSIC TO THE MOON!!steemCreated with Sketch.

in #ethereum7 years ago

ETC reached $17.71 on cryptocurrency exchange Binance — a single-day increase of 7%.

There could be several factors which are affecting this price movement. The principal one is the listing on Coinbase, which was something of a surprise when it beat other contenders such as Ripple’s XRP token to the finishing line....

Still, the listing on Coinbase has been announced some time ago, and ETC still continues to skyrocket, gaining over 20% over the past 48 hours. If it continues rising in this manner then we could be back over the psychologically significant $20 mark with a push towards a two-monthly high of $24 not that far away...

The historic all-time high for ETC currently stands at $45.51. Other peaks include $42.38 as recorded at the end of February and $24.70 as recorded at the start of May.....

Historically speaking, ethereum classic usually climbs by over 60% or close and thus, we could see this current jump in price materialise into something similar, though the current state of the markets does suggest otherwise.

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Thanks for this news...
right time to trade this crypto is over now...those who have purchased at lower rate are in great benefit....lets wait for its drop.

nice post.. ETC looks worth investing..

Ethereum is one of my favourite coins. I can trust on its future blindly. https://steemit.com/navesumar/@navesumar/extremely-disappointed

Yes you are right... My bad luck I didn't buy it but definitely will grab it in the next dip...

One of my fav coin

Thankss for news..

I also think that ETC can be a great coin invest now specially after the coinbase announcement.

Thanks @steemitboard and all of you guys.. I'll definitely follow you back and upvote... 👍