Ethereum Classic Price Swings upward
Nevertheless, a handful of cryptocurrencies managed to achieve moderate increases against USD. Most of the assets in this group are small-cap altcoins ranked outside of the top 50, with one notable exception: ethereum classic.
The 15th-ranked cryptocurrency posted a top 100-best 5.7 percent increase, and the ethereum classic price is now trading above $18 on Bitfinex, with a circulating .
There does not appear to be a clear trigger behind ETC’s rally, though social media chatter suggests it may be loosely connected to the recent launch of institutional storage service Coinbase Custody, whose support for ethereum classic will precede the asset’s formal listing on Coinbase’s exchange and brokerage platforms.
Supporters also remain bullish on the ETC network’s potential to disrupt Ethereum as a platform for decentralized applications (dApps), particularly since ETH has struggled with another round of network congestion in recent weeks.
Congratulations @gulshi! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Russia vs Croatia
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Congratulations @gulshi! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Russia vs Croatia
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes