Can Ethereum Classic Reach $10000, $1000? ETC Price Prediction 2024-2030
The latest price of ETC (Ethereum Classic) is
Performance in the last 12 Months
| Last 7 Days | +1.0% |
| Last 1 Month | -21.2% |
| Last 12 Months | +29.4% |
What are the Signals and Predictions?
| Overall Outlook | Partially Bullish |
| 1. Market's Wisdom | Partially Bullish |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Buy |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Influencers Price Target
- JavonTM1: $127.65
- ETC Price Prediction in the next 24 hours is between $25.8 and $26.5
- ETC Price Prediction this week is between $25.1 and $27.9
Ethereum Classic Price Prediction 2024-2025-2030, Aggregated
- ETC Price Prediction 2024 is $40.2
- ETC Price Prediction 2025 is $52.9
- ETC Price Prediction 2026 is $73.3
- ETC Price Prediction 2027 is $102
- ETC Price Prediction 2028 is $135
- ETC Price Prediction 2029 is $158
- ETC Price Prediction 2030 is $213
Can Ethereum Classic reach $10000?
Yes, Ethereum Classic can reach $10000 if 90% of the Tokens are Destroyed
To reach $10000, ETC will need to rise 381x. At $10000, the target market cap will be approximately $1.47 trillion. If ETC were to rise at the pace of 25%, it will take approximately 27 years to reach $10000.Considering multiple criteria – Investment Quality [Moderate], Growth Expectations [Not Feasible], Market Cap Estimate [Not Feasible] and Time Required [Impractical], there is very little chance that ETC will reach $10000. The only way this is feasible is if 90% of the coins were Burnt.
Can Ethereum Classic reach $1000?
Yes, Ethereum Classic can reach $1000 if 50% of the Tokens are Destroyed
To reach $1000, ETC will need to rise 38x. At $1000, the target market cap will be approximately $146.73 billion. If ETC were to rise at the pace of 25%, it will take approximately 17 years to reach $1000.Considering multiple criteria – Investment Quality [Moderate], Growth Expectations [Not Feasible], Market Cap Estimate [Not Feasible] and Time Required [Impractical], there is very little chance that ETC will reach $1000. The only way this is feasible is if 50% of the coins were Burnt.
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
Note: Please consult a registered investment advisor to guide you on your financial decisions.