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Ethereum Classic (CRYPTO: ETC) acquired the initial Ethereum (CRYPTO: ETH) blockchain after a tough fork in July 2016. The cryptocurrency has a market capitalization of $6.3 billion and is the 27th biggest coin by that metric.
ETC has actually gotten substantially given that 2022 started. The coin has actually valued 34.6% given that the year started while ETH has actually fallen 21.33% and Bitcoin (CRYPTO: BTC) has actually lost 11.4% of its worth in the exact same duration.
Even so, ETC is trading 73.6% lower than the all-time high of $176.16 it discussed May 6, 2021.
See Also: Ethereum Vs Ethereum Classic
The Investment: If a financier purchases $100 worth of ETC today at the press-time rate of $46.92, here’s just how much they stand to get needs to ETC restore its all-time high levels.
| Date Of Purchase/Listing | Amount Invested | Purchase Price | Coins Obtained | Worth If ETC Hits ATH Again | Percentage Change |
|---|---|---|---|---|---|
| March 23, 2022 | $ 100 | $ 46.92 | 2.131287298 | $ 375.45 | 275.45% |
As appears, a substantial benefit of 275.45% is possible from the existing ETC rate levels to all-time highs.
What’s Going On With Ethereum Classic? Exuberance surrounding mining is causing the existing spike in the coin. The task connected to ETC stated previously that it is
