- Ethereum Classic takes another dig at Bitcoin on programmable capabilities
- Ethereum Classic’s constant fall may put traders in jeopardy
The first half of the year was amazing for ETC token holders as the coin was constantly surging higher but the second half of the year brought with itself a wave of constant fall and disappointment. ETC has not been able to cross $6.7 mark in the last 30-days and has also been seen trading below $4.5 recently. While the firm is focusing on establishing its platform better than BTC, the coin’s performance is not up-to-the-mark which has put traders in jeopardy.
Bitcoin is not programmable. This makes ETC a perfect complementary system. With interoperability technologies like atomic swaps, ETC effectively makes Bitcoin programmable at the base layer.
— Ethereum Classic (@eth_classic) October 6, 2019
Ethereum Classic (ETC) Price Statistics:
As on October 9, 2019, at 05:14:33 UTC, the price of ETC token was noted at $4.61 and it has recorded a dip of over 30% in the last 3 months. ETC was trading at $6.63 in the month of July and it surged as high as $7.60 in August. Since then, XLM is falling constantly and had hit as low as $4.41 mark very recently. The coin may start recovering towards this month-end and may make some good progress in the upward direction.
ETC Price Prediction:
ETC can be expected to step out of the range-bound scenario this month. The coin may even climb above its 90-day price mark once before the end of 2019.
This is the best time to plan huge investments in the ETC token. There is no denying the fact that ETC is a highly profitable asset and may start yielding good returns once it crosses past $10 deadlock.