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

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