In our previous Ethereum Classic news and Ethereum Classic prediction, we said that the price of Ethereum Classic was bullish against the USD heading toward the $7 level. At the time, the price of Ethereum Classic was slightly above $5. Today, our Ethereum Classic prediction came to pass as the price of Ethereum Classic surged by almost 30% within a 24-hour period trading above $7 and setting sights at $10. The Ethereum Classic on Coinbase news (Coinbase Ethereum Classic listing), the general bullish sentiment in the market and the recent talks of Atlantis upgrade on the Ethereum Classic network have jointly contributed to the rise in the price of Ethereum Classic (ETC). Rising to $7 and even $10 is just the beginning. Our latest Ethereum Classic price prediction sets the price of ETC at $20 soon.
Ethereum Classic News Today – Ethereum Classic Prediction – Ethereum Classic Future Becomes Brighter With Atlantis Upgrade
The Ethereum Classic prediction last year was bearish even after the news about Ethereum Classic on Coinbase (Coinbase Ethereum Classic listing). In the beginning of the year, the price of Ethereum Classic was so low. Following the 51% power consolidation attack on the Ethereum Classic network, many people believed that Ethereum Classic would never recover. The Ethereum Classic development team also had problems with funds during the cryptocurrency winter. So, this comeback is commendable. The price of Ethereum Classic has recovered along with the network.
The Ethereum Classic development team decided to take full advantage of the cryptocurrency bull market by talking about the Atlantis upgrade just when the bulls started gaining control of the market. This new update is going to improve the presence of Ethereum Classic and boost adoption for it. Atlantis is the name for the Ethereum Classic ECIP-1054 proposal. With this update, the Ethereum Classic network will be able to integrate Spurious Dragon and Byzantium according to the report on Medium.com. These upgrades are already active on the Ethereum blockchain and would ensure chain compatibility for Ethereum Classic. While the upgrade is yet to be implemented, the discussions have passed the initial stage and wider community has been asked for their opinion.
Ethereum Classic News – Ethereum Prediction – Ethereum Classic Future Prediction
If the upgrade hasn’t been implemented yet and it helped the price of Ethereum Classic surge by almost 30%, what do you think would happen to the Ethereum Classic prediction when Atlantis is implemented? However, let’s not dwell on the price of Ethereum Classic long-term and focus on the price now and short-term.
Ethereum Classic (ETC) Price Today – ETC / USD
At the time of writing, the price of Ethereum Classic per CoinMarketcap.com was $7.49. This means that it is up by 10.02% against the USD and up by 7.09% against BTC. The 24-hour trading volume is $1,278,307,043 and the market capitalization is $821,068,425. If the price of Ethereum Classic continues to trend higher against the USD, it will hit $10 soon. After that, reaching $20 would not be difficult as long as the bulls are still in control of the market.
What do you think about the Ethereum Classic news today regarding Ethereum Classic prediction and the current price of Ethereum Classic. Share your thoughts in the comment section below.