Ethereum Classic is the decentralized platform which operates smart contracts. The Ethereum Classic is the continuation of Ethereum blockchain. The Ethereum Wallet is the decentralized applications on the Ethereum blockchain. The ETC follows the working procedure of Ethereum. The Ethereum Classic was created on 30 July 2015 by Vitalik Buterin. Vitalik Buterin. It is an open-sourced Blockchain-based program that allows smart-contracts and has a Turing-complete programming language. Ethereum Classic came to life after Ethereum hard fork that took place in 2016 after The DAO collapse.
Ethereum Classic Price Prediction
Ethereum classic is the original Ethereum cryptocurrency. The Ethereum blockchain is based on the smart contracts system. It also allows the developers to run various applications as well. With the help of decentralized blockchain, the developers will be able to run the application with increased security smoothly. Moreover, smart contracts can be executed efficiently on the blockchain. By the conclusion of this calendar year, the crypto is slated to reach approximately $65. Within five years, it is slated to arrive around $171. Thus, the amount of recognition which it can present you in a five-year period is enormous. It can provide you with an almost fivefold return in 5 years.
Is Ethereum Classic a profitable investment option?
Ethereum Classic can be a profitable investment option. ETC price equal to 9.712 USD at 2018-10-23. If you buy Ethereum Classic for 100 dollars today, you will get a total of 10.297 ETC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-09-28 is 52.377 US Dollars. With a 5-year investment, the revenue is expected to be around +432.5%. Your current $100 investment may be up to $532.5 in 2022. ETC price today is $9.712 and have the current supply of 105,484,966 ETC. The market cap value is $1,186,256,111, and the volume is marked as $188,227,166.
UTRUST and Ethereum Classic (ETC) Partner To Build ETC Payment Solution
UTRUST, the “world’s first crypto payment solution to offer instantaneous transactions, buyer security & crypto-to-cash settlements,” is partnering with the company behind Ethereum Classic (ETC) to make the asset a viable form of payment on the platform. By working together, companies employing UTRUST will now be capable of accepting ETC as a method of payment. Also, users won’t require to worry about legality issues, as governments have approved both Bitcoin and Ethereum non-securities, which also extends to ETC.
Better ICO regulation will be a huge boost to the ETC blockchain
The SEC began a FinTech portal to help it interact better with partners in the FinTech ecosystem. This hub will play a significant role in facilitating beneficial innovations to grow and thrive. One of these innovations is none other than ICOs. ICOs have so far been mostly chaotic, but the SEC is looking forward to regulating them in a way that helps them thrive while protecting investors. This regulation will be a massive boost for ETC in the coming days.
Future Prediction of ETC
If you’re in search to finance in Ethereum classic, it is essential to look into these some points and after that take an investment call. Currently, the price seems to be rolling around positive levels, and you can think about investment at the current prices. If you’re willing to hold for an extended period, you will be able to get good returns from these levels.
Disclaimer: The content provided in the article should not be practiced as it is, and is not meant to provide, investment advice. Coinsmarketcap and its members, representatives, and writers give the information about the coin with careful study. Please conduct your precise survey before investing in any crypto.