Live ETC Price Overview
The current price of Ethereum Classic (ETC) is $16.63**, with a 24-hour trading volume of **$187,106. Over the past day, ETC's value has decreased by 3.35%, but it has gained 2.34% in the last week. With a circulating supply of 152,569,957 ETC, its market capitalization stands at $2.53 billion, ranking #26 globally.
Key Metrics
- 24h High/Low: $16.48 / $17.33
- All-Time High (ATH): $176.19 (90.56% below ATH)
- Circulating Supply: 152,569,957 ETC (out of max 210,700,000)
- Market Sentiment: Neutral (varies by platform)
| Period | Price Change | Change (%) |
|---|---|---|
| Today | -$0.5123 | -2.99% |
| 7 Days | +$0.3806 | +2.34% |
| 30 Days | -$1.17 | -6.63% |
| 3 Months | -$0.5018 | -2.93% |
Why Invest in Ethereum Classic?
Advantages of ETC
- Decentralization: Stays true to original Ethereum principles.
- Security: Post-51% attack measures like MESS enhance network resilience.
- Mining Continuity: Remains PoW after Ethereum's shift to PoS.
- Growth Potential: Historical significance attracts niche developers.
👉 Explore ETC mining opportunities
Ethereum Classic vs. Ethereum (ETC vs. ETH)
| Feature | Ethereum Classic (ETC) | Ethereum (ETH) |
|---|---|---|
| Consensus | Proof-of-Work (PoW) | Proof-of-Stake (PoS) |
| Philosophy | Immutability-focused | Innovation-driven |
| Use Cases | dApps, store of value | Dominant smart contract platform |
How to Mine ETC: Step-by-Step
- Hardware: Use GPUs (e.g., NVIDIA RTX 3080).
- Software: Choose GMiner or NBMiner.
- Pool Selection: Join Ethermine or 2Miners.
- Wallet: Secure ETC in Trust Wallet or KuCoin.
Pro Tip: Calculate profitability considering electricity costs!
ETC Price Predictions: Factors to Watch
- Adoption Rates: Enterprise integration boosts demand.
- Crypto Regulations: Global policies impact investor sentiment.
- Technological Upgrades: Scalability solutions may attract developers.
Frequently Asked Questions (FAQs)
1. Is Ethereum Classic a good investment?
ETC offers unique value with its PoW model and decentralization ethos. However, like all cryptocurrencies, it carries volatility risks. Diversify your portfolio and research market trends.
2. How do I convert ETC to cash?
- Sell ETC for USDT on exchanges.
- Use P2P platforms to swap USDT for fiat.
- Services like KuCoin support direct crypto-fiat pairs.
3. What’s the best wallet for ETC?
- Hot Wallets: Exodus, Trust Wallet (user-friendly).
- Cold Wallets: Ledger (high security).
- Exchange Wallets: KuCoin (convenient for trading).
4. Will ETC reach its ATH again?
Market conditions, adoption, and upgrades play critical roles. While past performance doesn’t guarantee future results, ETC’s niche could drive long-term value.
5. How does ETC mining differ from ETH mining?
Since Ethereum’s Merge, ETH mining no longer exists. ETC remains one of the few major PoW chains for GPU miners.
Final Thought: Ethereum Classic remains a compelling option for decentralization purists and miners. Stay updated with market trends and technological developments to make informed decisions.
For more insights, visit our advanced crypto guides.