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Ethereum Classic (ETC) Price Prediction 2020, 2021, 2025, 2030 Future Forecast
What is Ethereum
Ethereum Classic was introduced to get recovery from stolen Ether in 2016 but this cryptocurrency Is not official hard fork version of Ethereum, as ETC was created too much controversy when it was launched but now things are changed after reaches to 21st position in the list of cryptocurrency where all coin is sorted by its market cap value.
Ethereum Classic runs on smart contact in which their main focus was to create untraceable Blockchain ledger and till now since 2015 this network untampered along with they have launched unstoppable apps which have zero downtime and bugs along with this they also provide support to banks and financial services to eliminate the third party.
Basically, it is decentralized computing platform that let user to create application and provide smart contract without any censorship, downtime and third-party involvement. Ethereum Classic is on mission that create unique to manage digital assets without any governance or bank or other entity. However, there no update on bringing proof of stake in Ethereum Classic mainnet, as of writing ETC will continue on proof of work a original bitcoin protocol.
Ethereum Classic Analysis
Recently Ethereum Classic officially announced a partnership with Chainlink which another big project in cryptocurrency and this was the reason behind ETC prices again reached to $12.93 USD from $4.52 USD in almost one month, as $47.77 USD was the highest price of all time which was the record in 2017 and after this cryptocurrency on the sky phase ETC was able to maintain prices above $15 USD till august 2018 and after this month Ethereum Classic was seen in big trouble with higher percentage it was continuously dropping but this was not created any big impact because other cryptocurrencies also dropping with the same rate, but during this drop, there was small price fluctuation which was still better than some of the top coins and during this time ETC was gaining some market cap value from investor and started jumping slowly up and now after it dropped near to $4.30 USD means the again best time to make an investment is creating hype for Ethereum Classic.
As of now worlds economy is dropping all investing option was dropped with percentage and most of the people already started investing in this due to they will get a higher return in future, but due to sudden growth at the beginning of the 2020 year some of the cryptocurrency was not dropped with huge percentage and many of you expected there will be another huge drop will be coming, like china, where most cryptocurrencies were introduced along with Bitcoin, is now almost free from coronavirus and they also started their key business of import and export and they also supplying mask, medical testing kit and another equipment form which their economy is increasing day by day, so this will be possible reason may be cryptocurrency again started growing up and after a huge loss since 16th march 2020, as per price graph of most of the coins there is rapid growth seen which clearly indicate recovery.
Almost 8 months are left for 2021 and it will take more 3 to 4 month to get rid of coronavirus and people will start investing in cryptocurrency, if a market is still down, as we mentioned in a prediction that in October 2020 it will be reaching $13 USD and then it will start dropping so in year-end somehow ETC able to hold its pricing near about $8 to $9 USD then in 2021 at the beginning somewhere in February 2021, Ethereum classic will be crossing $15 USD mark and then it will keep fluctuating and also cross $20 USD mark, so buying under $6 USD will be the great pick because if you buy at average $5 USD and then sell it for $15 USD then you will be getting almost 200% ROI in less than 1 year of time and maybe $15 USD also possible in next 4 to 5 month in the year 2020, so this coin also is a great pick in the year 2020.
Ethereum Classic till now partners with Fantom Foundation, Pulse Agent, Bloq, and Media Dapp and also with Chainlink they also enter into Oracle program which is currently running at the back end of the big project of google and other companies, as ETC is always a very important part of Ethereum Blockchain even if they already launch their own project to handle security and system bugs, but should not forget about Etheruem Classic still improving day by day and possibly in future we will see this cryptocurrency under top 15 position, as compared with Ethereum then there is small difference i.e ETC is code-based but still some of ex-member of Ethereum still believe working with ETC will make a different impact on both cryptocurrency which will help to dominate the crypto world in future.
