ETC Price Prediction 2023, 2024, 2025 to 2030: Will ETC reach 100USD?
In this article, we will learn about Ethereum Classic’s Price Prediction from 2023 to 2030. Ethereum Classic (ETC), also known as Ethereum’s (ETH) twin, is a result of the hard fork of the network due to the DAO Attack. It was launched in July 2016. Check our article on the DAO attack to know more.
We have done a price prediction of ETC for July 2023 and beyond. Learn what would be a good price for ETC in future. But before we go there and check out the Ethereum Classic price prediction for 2023 and beyond, let’s first learn more about Ethereum Classic.
Only when you know about the project, you will be able to decide whether to buy, hold or sell ETC.
What we are going to learn?
What is Ethereum Classic?
Ethereum Classic utilizes the same technology for smart contracts as Ethereum. Ethereum is a market leader that is just behind Bitcoin at #2 and Ethereum Classic is ranked at #27, according to coinmarketcap.com in terms of market capitalization.
The original Ethereum blockchain network code is represented by the current Ethereum Classic on the blockchain. Ethereum Classic receives support from three entities for its development: ETC Labs, ETC Cooperative (ECC), and IOHK (Grothendieck).
Blockchain developers can create, develop and execute decentralized applications (dApps) and smart contracts on ETC’s platform. Ethereum Classic provides a platform for recording and exchange of digital assets over a blockchain ledger that is decentralized.
Smart contracts on Ethereum Classic are employed to provide the benefit of a governance system which is decentralized.
Ethereum Classic ensures that its governance system has no censorship, manipulation, monitoring, or external interference. Ethereum Classic is the unaltered version of the original Ethereum blockchain network that follows the motto of “Code is law“.
ETC: The Native Token of Ethereum Classic
The native token of the Ethereum Classic network is known as ETC. ETC tokens have a maximum as well as total supply of 210,700,000 ETC tokens. At the time of writing this article, the current circulating supply was 141,606,684 ETC, 67% of the total supply. The market capitalization of ETC tokens is at $2,708,313,517 and 1 ETC token is equivalent to $19.12 USD at the time of updating this article.
ETC Uses Proof of Work Mechanism
ETC is mined using the Proof of Work consensus or mechanism, similar to Bitcoin where miners are rewarded with new ETC coins for validating new blocks on the blockchain. The ETC block reward decreases as time passes, and the next drop due at block 15,000,000, roughly in April 2022 — from 3.2 ETC to 2.56 ETC per block.
Now that you know about ETC, let us know where you can purchase ETC from?
Ethereum Classic: Key Points
- Ethereum Classic (ETC) is an open-source, decentralized blockchain platform, based on the same principles and technology as Ethereum.
- Originally, it was known as Ethereum and was launched in 2015 by Vitalik Buterin and the Ethereum Foundation.
- Ethereum Classic was created as a result of the contentious DAO hack in 2016. The hack caused a split within the Ethereum community, with the majority choosing to reverse the hack, while Ethereum Classic maintained the original, smaller blockchain.
- ETC operates as a distributed cryptocurrency platform, supporting smart contracts. It upholds the principles of decentralization and immutability, ensuring the integrity of the blockchain.
- Ethereum Classic has its native cryptocurrency called ETC, which is used for transactions and as a store of value.
- Ethereum Classic aims to provide a reliable and robust platform for decentralized applications (dApps) and blockchain-based innovations.
How to buy ETC tokens: Top Crypto Exchanges for Ethereum Classic?
Some of the popular platforms to purchase Ethereum Classic (ETC) from are:
|Buy ETC on WazirX|
|Buy ETC on CoinDCX|
|Buy ETC on BitBNS|
|Buy ETC on Giottus|
|Buy ETC with
|Buy ETC on Binance|
|Buy ETC on Kucoin|
|Buy ETC on Uniswap|
Features of Ethereum Classic (ETC)
Ethereum Classic Labs (ETC Labs) is core team for Ethereum Classic’s development. It also provides industry connections, commercialized opportunities as well as funding for the Ethereum Classic project.
It also offers the necessary tools for the development of dApps, mining and other blockchain related services. It focuses on backward compatibility, decentralization, and state immutability.
The ECC was launched to serve as financial support and other funding for the development of the blockchain network. It offers marketing, development, and community for ETC.
IOHK (Grothendieck) comprises of developers required for the growth and development of the blockchain, it focuses on the node client Mantis which connects to the IOHK Daedalus Wallet user interface for users to manage their ETC tokens easily and efficiently.
Some of the companies that add to the Ethereum Classic ecosystem are:
- POA Network
- Second State
- Byzantine Fault
- Godel Labs
- Storj Labs
ETC Price History & Changes
ETC in 2016
The ETC token came into existence on July 2016. Right after it was launched, it faced an all time-low at only $0.452446 USD but it regained its value quickly at $3.53 within 7 days. It fell lower than $1 USD during October 2016.
ETC in 2017
It later ranged between $0.80 and $2 USD and shot up to $2o USD during the summer of 2017 and reached its all-time high of $47.77 USD on December 21, 2017.
ETC in 2018
The value started dropping as it struggled at maintain its price at $40 USD and ranged between $15 and $20 USD during the remaining part of 2018.
ETC in 2019
It fell below $5 during early 2019. It recovered slowly by June and touched $10 but slipped to $6.30 USD during the later half of the year 2019.
ETC in 2020
Ever since then the price has been between $4 to $7 USD.
ETC in 2021
The price surged upwards slowly and set a new all-time high of $176.16 USD by May 6, 2021. But after two weeks, it fell back to around $69.73 USD, which is 60% below its all time high, but 1,500% above its starting price which was $4.25 USD at the beginning of the year 2021. It has slowly been falling and closed the year at 35.35USD.
ETC in 2022
Ethereum Classic was bearish the whole 2022. It kept falling from 35uSD in January to 17.55 on December 31st, 2022
ETC USD Chart: Price Analysis
ETC USD on weekly chart looks like is next 1-2 weeks is going to be fun for the ones holding ETC.
ETC BTC Chart: Price Analysis
ETC BTC chart is set for reverse and is all set for quick 10-15 percent gain.
ETC USD Technical Analysis: Buy, Sell or HOLD?
Check this technical analysis for ETC USD hourly, daily, weekly and monthly. Based on the time horizon you have in mind, you should be able to take a call on whether to buy, sell or hold ETC today.
As of June 24, 2023, ETC is a buy on a daily scale.
Ethereum Classic Price Prediction 2023-2030
ETC Price Prediction 2023: June- December
According to our ETC price forecast as well as price graph for long-term realistic ETC price prediction, ETCs price may rise in 2023 due to a number of developments and partnerships planned.
In 2023, the price of Ethereum Classic (ETC) may hit a high of $55.238USD and a low of $19.45.
ETC Price prediction for rest of the 2023 suggest the token could be bullish for the rest part of the year, and buying the token now can fetch more than 250% gains, in terms of fiat.
In the month of June 2023, ETC could be seen trading in the range of $15.90 to $23.99. In July, we may see the token give more than 15% return from its June month’s price.
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ETC Price Prediction 2024
According to our brief & medium technical analysis as well as ETC price forecast, the ETC cryptocurrency price might be around $105 in 2024, and that if ETC adoption occurs, the coin might experience a bull run, with the ETC price skyrocketing in the big scheme of things.
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ETC Price Prediction 2025: January- December
According to the ETC price prediction trend line for the long-term (the next five years), the ETC price prediction has indeed been selected as a brilliant game for confidence, but the prices might mostly stabilize in 2025, creating a strong support. The most practical strategy is to anticipate a price level in the middle of these ranges. ETC price prediction for the future as a cheap and convenient digital currency might be triggered by widespread usage.
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ETC Price Prediction 2026-2030
According to our price prediction of ETC and analysis, the price of Ethereum Classic (ETC) could reach $6.4. The revenue is estimated to be around +300 percent after a 5-year investment. The buying opportunity would result in an improvement of this!
ETC Price Prediction (in INR)
Ethereum Classic Price Forecast in 2023 in INR
Now that we already have seen ETC price prediction against USD, let us now check the price prediction of ETC in terms of Indian Rupees. Given below is the ETC price prediction 2023 in INR.
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Ethereum Classic Price Forecast in 2024 in INR
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Ethereum Classic Price Forecast in 2025 in INR
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ETC Price Forecast for 2026-2030
ETC-BTC Price Chart
ETC BTC chart shows ETC could be reversing any day now. We could see ETC do more than 200% once the price trend reverses.
ETC Short term Analysis: ETC-BTC charts for short term show reversal; It is a clear BUY sign.
ETC Long term Analysis: ETC-BTC charts for long term also shows positive sign. It is better to buy ETC now.
ETC-USDT Price Chart
We can see the same pattern in the ETC-USDT Price prediction as well. Remember to monitor the charts to find the right opportunity.
Ethereum Classic Short term Analysis: ETC-USD charts for short term indicates getting ready for upward movement. It is better to buy now and sell later.
Ethereum Classic Long term Analysis: ETC-USD charts for long term also indicates upward movement. It is better to buy now and sell later.
ETC Price Prediction: FAQS
Will ETC reach 100USD?
As per our price prediction of Ethereum Classic, ETC could reach 100USD by August 2024.
What is ETC price prediction for 2030?
As per the crypto prediction tool we used, ETC must be priced at somewhere in between $250 to $280 by 2030.
What is the price prediction of Ethereum Classic in 2025?
ETC price prediction for 2025 suggest ETC could trade in between 250 to 510 USD.
Will ETC ever touch $1000?
ETC could definitely touch 1000 USD someday, provided they continue to build and grow ETC. I am expecting ETC to cross 1000 USD before 2030.
Is Ethereum Classic better than Ethereum?
Both Ethereum Classic and Ethereum has its own pros and cons. Ethereum is well suited for investors and all round functionalities. ETC shines in the smart contract and dApps.
Also read: ETC vs RVN: Which is better?
How is Price Prediction for Ethereum Classic Done?
Cryptocurrency is very volatile. The price prediction for ETC is based on an AI smart tool. Please do not consider this as the final price. Please DYOR before investing in ETC.
Final Call: Should You buy ETC in 2023?
Yes, it is not as popular or fast growing as Ethereum (ETH) and the price or flow of Ethereum Classic is unpredictable. But it is growing and might gain momentum sooner or later.
Ethereum Classic is guided by IOHK, and Cardano’s founder has made a considerable amount of investment on ETC. Also Greyscale also holds more than 5 percent of the total supply of ETC.
Looks like the best days for ETC is yet to come in 2023.
However, choosing ETC as an investment is up to the user’s preferences. Personally, I will have some of my holdings in ETC and wait for it to see how it performs in 2023 and years to come.
I personally would be taking a very small position in ETC which I might sell for 50% gain.
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Now that you have read the article on ETC Price Prediction till 2025, do share your views on what you think what will be the price for Ethereum Classic by the end of 2023.