Ethereum Classic Price Prediction 2023-2030: Can Ethereum Classic Reach $1000?

The latest price of ETC (Ethereum Classic) is

Performance in the last 12 Months

  • Last 5 days: -9.4%, Underperformer*
  • Last 30 days: +0.2%, Underperformer
  • Last 6 Months: -41.3%, Underperformer
  • Last 5 days: -24.7%, Outperformer

*Vs Ethereum

ETC Price Prediction for the Next 6 Hours

UTC: Sep 22nd, 2023 06:03 AM

  • ETC Classic Price Prediction in the next 24 hours is between $15.1 and $15.4
  • ETC Classic Price Prediction this week is between $14.9 and $15.9

ETC Price Prediction Today

UTC: Sep 22nd, 2023 12:39 AM
Overall OutlookBearish
1. Market's WisdomBearish
1a. Market DataPartially Bearish
1b. Technical RecommendationSell
2. Crowd's WisdomNeutral
2a. Social Media BuzzHigher
2b. Social Media SentimentLower

Ethereum Classic Price Prediction: Is Ethereum Classic a Good Investment?

Ethereum Classic is a decentralized blockchain platform that is similar to the original Ethereum blockchain before it underwent a hard fork in 2016. Some of the key features of Ethereum Classic include

  • Smart contract functionality
  • Robust developer community
  • A permissionless platform that allows anyone to participate in the network.

Ethereum Classic can be used for a variety of applications, such as

  • Decentralized finance (DeFi)
  • Gaming
  • Supply chain management
  • It also supports the creation of decentralized applications (dApps) that can operate autonomously without the need for intermediaries.

One advantage of Ethereum Classic over its competition is its immutability, which means that once a transaction is recorded on the blockchain, it cannot be changed. This provides a high level of security and transparency, making it attractive to businesses and individuals who value these attributes. Additionally, Ethereum Classic’s focus on decentralization and community governance makes it a popular choice among those who prioritize these ideals.

However, Ethereum Classic does face some challenges, such as

  • Scalability
  • High transaction fees

Read about GALA Price Prediction

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Can Ethereum Classic reach $1000?

To reach $1000, ETC Price will have to rise by 47 times. At $1000, Ethereum Classic’s Market Cap would be $137 Billion. If Ethereum Classic Price were to rise by 25% every year, it would take it 18 years to reach $1000.

Looking at all the above factors – Investment Quality [Moderate], Growth Expectations [Feasible], Market Cap Estimate [Difficult] and Time Required [Impractical], there is a moderate chance that ETC will reach $100. The only way this is feasible is if 50-75% of the coins were Burnt.

Ethereum Classic Price Prediction 2023, 2025 and 2030

  • Ethereum Classic Price Prediction 2023 is $41
  • Ethereum Classic Price Prediction 2025 is $77
  • Ethereum Classic Price Prediction 2030 is $351

ETC Price Prediction: How to Invest In ETC?

Here are a few best crypto exchanges offering ETC for trade:

  1. Binance 2. Kraken 3. Bitflyer

Steps to follow for Investing in ETC

Step 1: For Investing in ETC first you need to find an exchange offering ETC Coin for Trade

Step 2: Create an account with the Exchange

Step 3: Verify your Identity

Step 4: Fund the Wallet

Step 5: Make the Purchase

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in Stocks or Coins. Please consult a registered investment advisor to guide you on your financial decisions. 

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