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Ethereum Classic Price Prediction: Why ETC Is Surging

From investingcube.com

Ethereum Classic price has risen by 177 per cent since hitting lows of 13.34 on July 13. Today, the aggressive push to the upside is looking poised to continue, with prices already up by 6 per cent. The events leading up to the start of the current aggressive rally, however, has nothing to do with the Ethereum Classic and everything to do with its more popular Ethereum token. On July 14, Ethereum announced that it would be migrating from the proof-of-work (PoW) approach to a more eco-friendly proof-of-stake (PoS). The migration is currently scheduled to happen on September 19. The much anticipated Ethereum upgrade ... (full story)

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  • Category: Technical Analysis