Ethereum Classic (ETC) Coin Price Prediction – 2023, 2025, 2030
Ethereum Classic (ETC) Overview
|🪙 Cryptocurrency||Ethereum Classic|
|💱 Ticker Symbol||ETC|
|💸 Market Cap||$3,127,186,956|
|🚀 Trading Volume||$259,362,818|
|📈 Price Change (24h)||0.18%|
|💰 Current Supply||139,160,014|
- Bullish Ethereum Classic (ETC) price predictions range between $101.12 and $191.01 by 2030.
- Market analysts believe ETC could reach $78.65 by 2025.
- Bearish Ethereum Classic market price prediction for 2023 is $17.98.
Ethereum Classic (ETC) Introduction
With rising inflation in the global economy, cryptocurrencies continue to gain traction as they are considered a hedge against a financial slump. This has created a revolution in the traditional sector of finance as more investors and financial institutions adopt the use of digital currencies like Bitcoin, Ethereum, Litecoin, Ethereum Classic, and many others with a wide range of other benefits they present.
Ethereum Classic has proven to be one of the strongest performers through the cycles with a formidable market cap, thereby attracting an influx of developers, builders, and investors to the network. It is regarded as the first Ethereum hard fork and despite its strength, it has proven to also be a risky asset because of the controversies surrounding the creation of the token.
In this article, we’d explore the Ethereum Classic ecosystem, the underlying values, and the future price potential based on experts’ opinions and our analysis.
What is Ethereum Classic (ETC)?
Ethereum Classic (ETC) is a blockchain protocol created in 2016 from the Ethereum network. ETC is an open-source network that aims to provide decentralized methods for hosting and developing applications, conducting on-chain transactions without intermediaries, etc. It functions in a deflationary policy which means that the token was built to be more valuable than the parent coin Ethereum which has a fixed supply. This blockchain was also a result of the DAO hack on the Ethereum protocol, resulting in a hard fork that aimed to return the funds that were lost in the attack to the main addresses.
The difference between Ethereum and Ethereum Classic is not so prominent except in the community base and market cap. Due to the major part of the development team belonging to the Ethereum foundation, ETC has struggled to keep up with the advancement and feature development.
The Ethereum Classic protocol cannot be modified, unlike the Ethereum blockchain, because of the governance of the protocol. Also, with regards to the governance process on each protocol, ETC operates on the collective contribution of both the network users and developers. Ethereum Classic emphasizes the development and security of its smart contract while maintaining the scalability of the blockchain. They aim to maintain the ease of operation among the developers as much computing power is not needed to mine or operate the network.
Ethereum Classic (ETC) Fundamental Analysis
At the time of Ethereum Classic’s inception, it was drafted that the Ethereum holders would be granted an ETC airdrop which helped in maintaining the supply capacity within the cryptocurrency market. However, as both chains evolved, the supply changed because of the functions of token maintenance on their protocols.
The team behind the ETC is highly diversified as the blockchain is handled by many segments like the development quarter, and funds. Responsibilities on the network are shared by many of these teams while maintaining the separation in decision making and decentralization, making opportunities for the network used to be active members in chain improvements, mining farm development, and managing the events on the platform.
To further strengthen its position as an Ethereum subsidiary, ETC has partnered with many significant individuals and firms, especially with the launch of the Ethereum Classic Investment Trust and collaboration with Chinese Exchange BTCC. Many projects have been launched in the protocol as a result of Barry Silbert, co-founder of the Digital Currency, started promoting Ethereum Classic on many financial media platforms.
Recently, Grayscale Investments announced that Ethereum Trust has been rebranded to a SEC reporting firm, which added ETC to one of the leading investments of the digital assets manager with Bitcoin, Litecoin, Digital Large Cap Fund, and a few others. In addition, ETC Labs has partnered with Gitcoin to facilitate more technological projects and upgrades which in turn would attract investors and capital inflow. They also collaborated with BloqCloud and Swarm for the creation of BloqCloud Connect which will aid in Ethereum and Ethereum Classic infrastructure services while prioritizing high-end developments, quality projects, and upgraded security systems.
Ethereum Classic (ETC) Current Price
Ethereum Classic is currently worth $22.47 USD. ETC has moved 0.18% in the last 24 hours with a trading volume of $259,362,818. Ethereum Classic is currently ranked 23 amongst all cryptocurrencies with a market capitalization of $3,127,186,956 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Ethereum Classic (ETC) to decide wether it is going to have a bullish or bearish year.
Ethereum Classic (ETC) Price Prediction
With the upgrades on the Ethereum Classic (ETC) blockchain, we expect an era of growth in hosting more innovative projects and applications as more and more integrations with the physical world is made. ETC is one of these innovations that provide a better base value in the cryptocurrency sector.
How will ETC perform in the next ten years in the crypto market? Is the ROI profitable enough?
|Year||Minimum Price||Average Price||Maximum Price|
Our price prediction forecasts use real-time Ethereum Classic (ETC) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Ethereum Classic (ETC) Price Prediction 2023
Ethereum Classic, according to some, is one of the most amazing cryptocurrencies to rise this year (ETC). The ETC price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $33.71.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $31.46 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. ETC is expected to have a minimum value of $26.97.
Ethereum Classic (ETC) Price Prediction 2024
In 2024, Ethereum Classic ETC price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of ETC will soon surpass $56.18. However, we should wait to see if the ETC’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, ETC will trade with a minimum trading price of $44.94 and an average trading price of $49.44.
Ethereum Classic (ETC) Price Prediction 2025
If the upward trend continues until 2025, it could reach $78.65 and ETC may profit. If the market experiences a decline, the goal may not be met. ETC is expected to trade at an average price of $71.91 and a low of $67.42 in 2025.
Ethereum Classic (ETC) Price Prediction 2026
If Ethereum Classic successfully boosts market sentiment among cryptocurrency enthusiasts, the ETC coin price could remain stable for the next five years.
According to our projections, ETC will be green in 2026. The ETC is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $101.12, with a minimum price of $89.89 and an average price of $94.38.
Ethereum Classic (ETC) Price Prediction 2027
After some extensive forecasting and technical analysis, we estimate the ETC price is expected to cross an average price level of $116.85 by 2027, with a minimum price of $112.36 expected before the end of the year. Furthermore, ETC has a maximum price value of $123.60.
Ethereum Classic (ETC) Price Prediction 2028
Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $139.33. If ETC manages to break the resistant level in 2028, we could see a maximum price of $146.07, failing to gather the support ETC needs by 2028 could result in a low of $134.83.
Ethereum Classic (ETC) Price Prediction 2029
While ETC is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $157.30 and a yearly price close above $168.54 in 2029.
Ethereum Classic (ETC) Price Prediction 2030
By 2030, Ethereum Classic will finally surpass its previous ATH values and record new price levels. The minimum price could be $179.78 and potentially reach a maximum price value of $191.01, averaging out at $184.27.
Ethereum Classic (ETC) Price Prediction 2031
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum ETC price in 2031 is projected to be $220.22 in the event of a bull run, with an average price level of $211.24.
Based on price forecasts, it appears that Ethereum Classic has a huge potential in the long term because of the huge and active community of investors. The prospects of the project might be dependent on the general sentiment of the global market, the cryptocurrency sector performance, the governing policies, and the functionality of the primary software, but the team behind the protocol is also experienced.
ETC is an excellent Investment as the chances of exceeding the all-time high in the future are high as more and more developments are made. These movements in the network are to ensure a better experience for the traditional cryptocurrency operators and provide a better balance to the deficiencies of the Ethereum network.
As always, investors are advised to be cautious about their risk exposure to any financial assets due to the volatility that comes with economic turbulence and seek professional guidance while doing their research to avoid missing an opportunity on the chain.
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What is the Ethereum Classic (ETC) price today?
Today, Ethereum Classic (ETC) is trading at $22.47 with a total market capitalization of $3,127,186,956.
Is Ethereum Classic a good investment?
Ethereum Classic proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that ETC is a good choice of investment.
How high can Ethereum Classic go?
The average price of Ethereum Classic (ETC) can possibly reach $31.46 this year. Over the next 5 years, it is projected that Ethereum Classic may surpass $146.07.
How much will Ethereum Classic be worth in 5 years?
Based on the rising popularity of cryptocurrency and Ethereum Classic, a long term investment in ETC could see the price rise to $146.07 within the next 5 years.
How much will Ethereum Classic be worth in 10 years?
If you invest in Ethereum Classic today, as with any investment, a long term increase is expected. The price of ETC could possibly rise to $285.39 within the next 10 years.
What will the Ethereum Classic price be in 2024?
Ethereum Classic (ETC) price is expected to reach $56.18 by 2024.
What will the Ethereum Classic price be in 2025?
Ethereum Classic (ETC) price is expected to reach $78.65 by 2025.
What will the Ethereum Classic price be in 2026?
Ethereum Classic (ETC) price is expected to reach $101.12 by 2026.
What will the Ethereum Classic price be in 2027?
Ethereum Classic (ETC) price is expected to reach $123.60 by 2027.
What will the Ethereum Classic price be in 2028?
Ethereum Classic (ETC) price is expected to reach $146.07 by 2028.
What will the Ethereum Classic price be in 2029?
Ethereum Classic (ETC) price is expected to reach $168.54 by 2029.
What will the Ethereum Classic price be in 2030?
Ethereum Classic (ETC) price is expected to reach $191.01 by 2030.
What will the Ethereum Classic price be in 2031?
Ethereum Classic (ETC) price is expected to reach $220.22 by 2031.