Ethereum Classic has a bright future in 2019

Ethereum Classic has a bright future in 2019

The bearish trend continues and the top crypto coins go on to follow that bear trend. Ethereum Classic (ETH) is just about trading down with -1% in its price value. At the time of writing, Ethereum classic ETC was trading with $3.85 USD. If the market in coming few hours gets better, Ethereum Classic (ETC) will look to surge up for that $4 USD mark and ending in December with $4 USD will be a good sign for better January 2019 for the ETC depending upon the market. "Ethereum Classic has a bright future in 2019"

Ethereum Classic has a bright future in 2019

The Cryptocurrency market mostly depends on Bitcoin, but in future, we can see Bitcoin dropping its value and if this keeps on going like this, we can see digital assets like Ripple, Ethereum and other top assets decoupling from Bitcoin. The decoupling of these assets from Bitcoin will start off a new era and then will like to see how the cryptocurrency market goes. 

To look at a digital asset the aim main of the users and investors should be the core philosophy before investing in it. So, having a look at Ethereum Classic (ETC) the digital asset is purely decentralized and based on the concept of decentralization. It is an unrestricted blockchain technology which can be used to run irremediable smart contracts.  

As we can see in last week the ETCDEV was shut down due to less supply of income. Many crypto traders are thinking that Ethereum Classic (ETC) has fallen down economically, well it has been hurt by the bearish market but still, ETCDEV team signing off has nothing to do with ETC because Ethereum Classic is a purely decentralized coin. ETCDEV was a network run by few Ethereum classic enthusiasts. Ethereum Classic ETC tweeted regarding this incident: 

“Ethereum Classic is not ETCDEV Ethereum Classic is IOHK asset, ETC Co-op, ETC Labs, ETCDEV, and a litany of volunteers. Keep Calm, and Build On.”

So, moving on Ethereum Classic (ETC) holders need to be positive about it. Recently, Coinbase Exchange wallet added the support for the Ethereum Classic (ETC). Coinbase wallet is presented by one of the biggest cryptocurrency exchange. After this integration, the ERC20 tokens on the Ethereum classic blockchain are also supported by the wallet. Looking forward to this news it’s a good sign for Ethereum Classic (ETC) to increase its adoption through the Coinbase wallet. 

Keeping the hopes positive most of the cryptocurrency analysts predicted that Ethereum Classic ETC has a bright future based on its core philosophy and other features provided by the blockchain. At this time, Ethereum Classic (ETC) is at the 17th position in the market rankings. Expecting it to go high, investors need to invest in the ETC because they will never have this better chance of investment. The price of ETC is just below $4 which makes it really cheap as compared to its price a few months back. So, investing in Ethereum Classic ETC can give to go benefits in short-term as well as long-term. In case if the price of the asset drops the investors will not have to suffer too much because its low price makes it very much compatible. 

At the time of writing, Ethereum Classic (ETC) was trading with a price of $3.85 USD with a market cap of $410 million and had a trading volume of $110 million. In the last 24 hours, the ETC was just dropping below -1%, which can be taken as a positive momentum in such a harsh bear market.

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