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Ethereum Classic Is Quickly Becoming a Valuable Currency




ETC jumps into third place.

In less than two weeks, Ethereum Classic (ETC) has become the third largest currency on the virtual currency market, passing Litecoin, Ripple, and Steem.

At the time of publication, the market cap is $236,415,893 and each coin is valued at $2.81. Ethereum executed a hard fork on July 20th in order to retrieve funds stolen from the DAO a month earlier. After the fork, the community continued to use the new blockchain for currency exchanges and developments. However, many preferred the original blockchain.

Their passion for Ethereum Classic did not allow the chain to fade away. Within days of the fork, many of the popular Ethereum exchanges added support for ETC. The community’s acceptance has lead Ethereum Classic to become one of the fastest growing virtual currencies in recent time. It seems only a matter of time until ETC matches the value of ETH.

Danielle Meegan

New Hampshire native Danielle Meegan is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.

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