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Author: Admin | 2025-04-28
Ethereum Classic (ETC) emerged in July 2016 following a contentious split from Ethereum (ETH). The divide stemmed from differing responses to The DAO hack, which saw $50 million of the $150 million raised stolen. While the majority, including co-founder Vitalik Buterin, supported a hard fork to reverse the theft, a minority opposed this intervention, viewing it as a violation of blockchain immutability.This minority continued with the original chain, now known as Ethereum Classic. ETC adheres strictly to the principle of “code is law,” asserting that blockchain transactions are irreversible once recorded. This philosophical stance has guided ETC’s development and governance, setting it apart from its more widely adopted counterpart, Ethereum, and emphasizing its commitment to decentralization.Key Takeaways:Ethereum Classic Historical PriceEthereum Classic Price Prediction 2025Ethereum Classic Price Prediction 2026Ethereum Classic Price Prediction 2027Ethereum Classic Price Prediction 2028Ethereum Classic Price Prediction 2029Ethereum Classic Price Prediction 2030Ethereum Classic Price Prediction 2031Ethereum Classic Price Prediction 2032Ethereum Classic Price Prediction 2033Ethereum Classic Price Prediction 2034Ethereum Classic Price Prediction 2035Ethereum Classic Price Prediction 2036Ethereum Classic Price Prediction 2037Ethereum Classic Price Prediction 2038Ethereum Classic Price Prediction 2039Ethereum Classic Price Prediction 2040Ethereum Classic Price Prediction 2050ConclusionFAQs1. Can Ethereum Classic reach $50?2. Can Ethereum Classic reach $100?3. Can Ethereum Classic reach $200?4. Can Ethereum Classic reach $300?5. Can Ethereum Classic reach $500?6. Can Ethereum Classic reach $1000?Key Takeaways:ETC is the original Ethereum blockchain, maintaining the principles of immutability and decentralization.It uses a proof-of-work consensus mechanism, differentiating it from Ethereum’s move to proof-of-stake.ETC has a fixed supply cap (210,700,000 coins), making it potentially deflationary over time.Ethereum Classic Historical PriceEthereum Classic (ETC) starting from its all-time low of $0.615 on July 25, 2016, ETC saw dramatic growth, culminating in an all-time high of $167.09 on May 6, 2021 – an astounding 27,069% increase. This peak coincided with ETC’s highest market capitalization of over $15 billion. The highest daily trading volume recorded was $54,919,664,589 on May 7, 2021. Throughout its history, ETC has shown remarkable price movements, with notable surges in 2017, early 2018, and the 2020-2021 bull run.Despite these highs, ETC has also experienced significant corrections and extended periods of lower prices. For instance, after reaching $46.99 on January 14, 2018, it declined to $5.13 by December 9, 2018. Similarly, following its 2021 peak, ETC saw a sharp decline, dropping to $32.93 by July 20, 2021. As of April 15, 2024, the most recent date in the document, ETC was trading
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