Ethereum Classic is issued at $0.30, with a circulation of 72 million. The project has a total market value of approximately $21.6 million and is currently priced at $10.49. The price of ETC has fluctuated significantly since its issuance, reaching over $150 at one point.
Ethereum Classic Issuance Price and Volume
Latest price of Ethereum Classic
As of February 7, 2023, The latest price of Ethereum Classic is:
Detailed Description
Ethereum Classic ( ETC) is a cryptocurrency that was born in 2016 as a fork of the Ethereum blockchain. The fork occurred after Ethereum suffered a hacker attack that resulted in the theft of 3.6 million ETH. ETC supporters argued that reversing the hack was illegal and unfair, and the Ethereum team reversed the transactions and created a new Ethereum blockchain.
The issuance price of ETC is US$0.30, with a circulation of 72 million. This means the project has a total market value of approximately $21.6 million. Since its issuance, the price of ETC has fluctuated significantly, reaching a peak of over $150.
Currently, ETC remains a niche cryptocurrency with a lower market capitalization than other major cryptocurrencies such as Bitcoin and Ethereum. However, it has loyal supporters in the cryptocurrency community who believe in its long-term potential.
Ethereum Classic Latest Price Updates
As of 10:00 on September 4, 2024, the price of Ethereum Classic (ETC) is $17.46. In the past 24 hours, ETC’s price fell by 4.42% with a trading volume of $895,745,858.
ETC’s price fluctuations are primarily attributed to changes in the overall sentiment of the cryptocurrency market. Recent market turmoil and negative news have caused speculators to sell off assets, causing the price of ETC to fall.
Future Price Analysis
ETC’s long-term outlook remains uncertain. The cryptocurrency market is highly speculative and prices can fluctuate significantly. However, in the long term, the continued growth of blockchain technology and decentralized applications may have a positive impact on the demand for ETC.
Investor Advice
Caution is crucial when investing in ETC or any cryptocurrency. Conduct thorough research before investing and invest within your risk tolerance.
Short-term trend prediction
It is expected that the short-term price trend of ETC will be affected by the overall sentiment of the cryptocurrency market. If market sentiment improves, ETC’s price may rebound. However, if market sentiment continues to be depressed, the price of ETC may fall further.
Key Metrics
The above is the detailed content of What is the issuance price and issuance volume of Ethereum Classic?. For more information, please follow other related articles on the PHP Chinese website!
![[Web front-end] Node.js quick start](https://img.php.cn/upload/course/000/000/067/662b5d34ba7c0227.png)
