Ethereum Classic (ETC) With A Bright Future Looks To Dominate The Market

By April 11, 2019 Ethereum
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Ethereum Classic, ETC
Ethereum Classic, ETC

Ethereum Classic (ETC) is the asset that is there to fight for the future of the blockchain technology. The entire ETC network since the hard fork back in 2017 has been confident to take Classic to new heights and in many aspects, they have succeeded.

The ETC Cooperative team is committed to bring ETC to top-level and make it prominent crypto in the market. The ETC dev team is supporting the community, development and marketing efforts within the Ethereum Classic network.

The basic objective of Ethereum Classic is to create a better crypto platform while removing the pain points and hurdles that interrupt the plans of ETC network. The aim is to achieve those goals that let the entire information of blockchain to reach the top.

In the next six months, Ethereum Classic (ETC) will be focusing on some projects which include the completion of ongoing projects, continuation of outreach and awareness for ETC. Furthermore, ETC will be working with various industries, expanding their role as coordinator of ETC’s different teams. One of the biggest events for Ethereum Classic is the ETC Summit which is scheduled to be held in Vancouver, BC from 3rd October to 4th October 2019.

Moreover, Poloniex Exchange as added Ethereum Classic to their platform for trading. The users outside the United States will be able to trade the pair of ETC/BTC. At the moment, margin trading is only available.

The Poloniex exchange said that they are expanding their network and want it to be one of the most innovative crypto exchanges across the globe. The recent listing of Ethereum Classic is a good step towards further growth of the exchange and this will ultimately be beneficial for ETC as well.

At the moment, Ethereum Classic (ETC) may be far behind many other protocols but it still has the potential to go big in the market. The co-founder of nonprofit grant maker of the Social Alpha Foundation, Chu said that there is no secret that Ethereum Classic technical development has still a way to go and is behind most of the other protocols, but perhaps the price move may re-ignite interest beyond token speculation into real long-term project growth.

Having a look at the market of Ethereum Classic (ETC), it was trading at a price of $7 USD with a market cap of $762 million and a trading volume of $527 million, at the time of writing. There is still a long way to go, as the recent surge of ETC despite 51% attack a few weeks back has shown the potential of ETC that it can really hit the market hard in a bull run.

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